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Top residential, commercial real estate deals of the week — Nov. 2

ptrMalvernsale110214
Submitted
This three-plus-story Squirrel Hill home recently sold for $474,900.

$2,276,944.70 (combined)

Properties sold: Locust Street, North Belle Vernon, $1,921,271.25; 1110 Lowery Ave., Jeannette, $355,673.45.

Seller: Brauvin/BP LLC, Illinois

Buyer: National Retail Properties Trust, Orlando, Fla.

Details: Purchased was a BP gasoline station in Jeannette and a 711 store in North Belle Vernon

Comment: “The properties are part of our overall investment portfolio,” said spokesman Chris Berry.

$1.275 million

Property sold: 2130 Wightman St., Squirrel Hill

Seller: Howard and Nicole Valinsky, Squirrel Hill

Buyer: Wightman Street Real Estate LLC, Squirrel Hill

Details: 29-unit Wightman Street Apartments

Comment: “At this time, there are no plans for any renovation of the building, and in the future, we will probably rename the apartments, which we purchased as an investment,” said Michael Jacobs, owner of Marvista Rentals.

$2.25 million

Property: 4411 Howley St., Lawrenceville

Seller: Flojoy Inc., Pittsburgh

Buyer: J.S. Bloomfield LP, Rochester Mills, Mich.

Details: Free-standing, 15,912-square-foot building is the site of a Rite Aid Pharmacy, which recently obtained a five-year lease renewal.

Comment: “The new owner plans to make improvements to the building and seek a longer lease term with Rite Aid,” said Howard Engelberg who with David Hanley, both of Prudential Realty, represented the seller. Ron Tarquinio, of TarquinCo Real Estate LLC, represented the buyer.

$474,900

Property: Murdoch Farms, Squirrel Hill

Seller: Roy Jacobson

Buyer: Anne Marie Oswald and husband, Brent Doiron

Details: Three-plus-story home has great views from backyard, deck and patio, hardwood floors throughout, updated bathrooms with jet spray, located close to shops on Forbes and Schenley Park.

Comment: “Buyers appreciated the excellent condition, location and the right pricing of the property,” said Inge Kempen, who with Lisa Gasperoni, both of Howard Hanna Real Estate, co-listed the house.

$430,000

Property: Mt. Lebanon

Seller: Ralph and Jennifer Hoerner

Buyer: George and Patricia Deme

Details: Two-level Tudor with “awesome” kitchen, hardwood floors, first-floor den, lower-level game room, master bedroom with dressing room, courtyard with fountain, pool, gardens, two-car integral garage.

Comment: “Buyer liked the Old World charm of this stone cottage,” said Cindy Sunseri, Howard Hanna Real Estate.

$420,000

Property: Mt. Washington

Seller: Patrick and Cynthia Dugan

Buyer: Mark and Sherri Furda

Details: Two-story Colonial, exquisite decor, first-floor master bedroom suite, first-floor den/office, second-floor loft overlooks living area, two large guest bedrooms and bath, deck, two-car garage.

Comment: “Buyers liked the location a block from Grandview, close to Downtown … (with) beautiful décor, quality construction with today’s amenities,” said Iris Marko, Howard Hanna Real Estate.

­— Sam Spatter

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