New York

Brooklyn, N.Y. — Marcus & Millichap has negotiated the sale of 321 Starr Street, a 26,624-square-foot retail property located in the Brooklyn neighborhood of Bushwick, for $17.5 million. Renovated in 2017, the 10-unit retail property includes 7,000 square feet of rooftop space on the second floor, as well as 321 square feet of ground-floor outdoor seating. Tenants include MetroRock, 48 Cypress and New York Film Lab, along with a mix of food, beverage and specialty retailers. Shaun Riney, Michael Salvatico, Scott Plasky and Alexander Arustamanian of Marcus & Millichap represented …

Sayville, N.Y. — SRS Real Estate Partners has negotiated the $20.8 million ground lease sale of a single-tenant retail property located in the Sayville neighborhood of Long Island. Target occupies the 145,000-square-foot property on an absolute triple-net, corporate-guaranteed lease with 14 years remaining. Situated across from The Shops at SunVet Mall, the Target store was built in 2014 on roughly 12 acres. Calvin Short of SRS Capital Markets and Jeff Christian of First Street represented the seller, a California-based private investor who had owned the asset for more than 20 years. …

New York City — A Delaware-based private venture doing business as Forum at Times Square has acquired 245,419 square feet of retail space in the former New York Times building for $28 million. Jack Stillwagon and Doug Middleton of CBRE Capital Markets brokered the transaction. Jay Miller and AJ Felberbaum of BayBridge Real Estate Capital represented the buyer. Since 2020, the property’s mortgage has been in various stages of special servicing, foreclosure and receivership, prior to being acquired by the lender group in a 2024 foreclosure auction. The retail portion of the building — which …

New Hartford, N.Y. — CBRE has brokered the sale of Avenue Plaza, a 183,397-square-foot neighborhood shopping center located in New Hartford. Home décor superstore At Home anchors the property. Nearby retailers include Home Depot, Walmart, Lowe’s, Michaels, T.J. Maxx, Burlington and Best Buy. CBRE represented the seller, Englewood Cliffs, New Jersey-based Goodrich Management, and procured the buyer.

New York City — Locally based Ashkenazy Acquisition Corp. has acquired The Shops at Atlas Park, a 374,000-square-foot mixed-use lifestyle center located in the Glendale neighborhood of Queens. Regal Cinemas, T.J. Maxx, HomeGoods, Ulta Beauty and NY Sports Club anchor the center, which opened in 2006. Additional tenants include California Pizza Kitchen, Foot Locker, T-Mobile, The UPS Store, Five Below, Starbucks Coffee and Cold Stone Creamery. Along with retail, dining and entertainment offerings, The Shops at Atlas Park also includes a 10,000-square-foot green space for community events and 52,000 square …