There's a new owner for 186-188 First Ave., a pair of 5-story walk-ups between 11th Street and 12th Street.
News of the all-cash transaction earlier this month was posted in a piece at The New York Times yesterday:
Hubb NYC, described as a local investor, bought the buildings from Allen Park, who owned the properties since 1980, for $14.25 million.
Per the Times:
They offer 16 two-bedroom apartments, which are mostly free-market, as well as three retail spaces occupied by a computer store, Handsome Dan’s candy shop and Uogashi, a Japanese restaurant. Air rights come to about 5,000 square feet.