The single biggest deal was the $8.5-million sale of 102 of theco-op units at 11 Park Ave. in Mount Vernon. The 138-unit building,built in 1969, had 75% of its controlling interest change hands for$88.03 per sf. The units totaled 96,556 splits among 13 studios, 24one-bedrooms, 54 two-bedrooms and 11-three-bedrooms, with 42 unitsrent-stabilized.

Manhattan investors bought the units from the private seller inan all-cash deal. "The buyer came to us with the help of aco-broker," says Cheryl Cove of Massey Knakal, "which was perfectlylogically since they already own other substantial holdings in thearea." Cove and James Nelson represented the seller, and brokeredthe deal with Deborah Gutoff of Eastern Consolidated.

Hudson Cos. Inc. bought a 46,728-sf development site at 111 3rdSt. in Gowanus, Brooklyn for $7.8 million in cash, $166.39 per sf.MK's Ken Freeman represented the seller, an electrical contractingcompany which is relocating to Red Hook. Hudson Cos., developer ofthe J Condominium in Dumbo, is planning a series of townhouses forthe site, Freeman says.