RECENT SALE

$9 MILLION

43-35 and 43-39 42nd Street (between Queens Boulevard and 43rd Avenue)

Sunnyside, Queens

A real estate investment firm has purchased these contiguous four-story 1931 walk-ups, with a total of 25,600 square feet and 34 apartments — two studios, 22 one-bedrooms, eight two-bedrooms and two three-bedrooms. Twenty-eight apartments are rent-stabilized, five are rent-controlled and one is market rate. The building, which sold for 16 times the rent roll, is the firm’s third acquisition in Queens.

Buyer: Margules Properties

Seller: QPI-XXXII L.L.C.

Brokers: Michael Tortorici and Vic Sozio, Ariel Property Advisors

RECENT LEASE

$59/SQ. FT.

$488,815 approximate annual rent

1040 Avenue of the Americas (between West 39th and West 40th Streets)

Manhattan

New York Building Congress, a membership association and lobbying group for the construction industry, which also collects construction data and organizes conferences, has signed a 10-year lease for the entire 21st floor in this 24-story office tower built in 1950.

Tenant: New York Building Congress

Tenant’s Brokers: Jonathan Bock, Wayne Siegel and Eric Siegel, Coldwell Banker Commercial Advisors

Landlord: Skyline Developers

Landlord’s Brokers: William Cohen, Andrew Weisz and JD Cohen, Newmark Grubb Knight Frank

FOR LEASE

$100.40/SQ. FT.

$650,000 approximate annual rent

815 Broadway (at Ellery Street)

Bushwick, Brooklyn

A 15-to-20-year lease is available for 6,474 square feet of ground-floor retail space, with a 1,408-square-foot mezzanine and a 4,237-square-foot lower level, in a five-story 1926 building. The space was formerly a Conway department store.

Owner: 815 Broadway Equities L.L.C.

Broker: Faith Hope Consolo, Douglas Elliman Real Estate