Nita Lederman Sells Koreatown Retail Property For $2.5M

Located in Koreatown, the property at 311 S. Vermont Ave. was recently sold in a retail transaction. The deal was facilitated by Nita Lederman as the seller. The transaction was handled by The Brandon Michaels Group, represented by brokers Brandon Michaels, Matthew Luchs, and Andrew Leff. The property spans 4,753 square feet and was sold for a price of $2,500,000, resulting in a price per square foot of $525. The transaction also yielded a cap rate of 3.31%.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $2,500,000
• Square Footage: 4,753
• Price per Square Foot: $525
• Cap Rate: 3.31%
• Address: 311 S. Vermont Ave.
• Market: Koreatown

The deal at 311 S. Vermont Ave. involved key individuals such as Nita Lederman as the seller and The Brandon Michaels Group as the broker. Lederman played a pivotal role in the transaction, while Brandon Michaels, Matthew Luchs, and Andrew Leff represented The Brandon Michaels Group in the deal.