SOLD
Gatsby Enterprises Acquires Delray Beach Retail & Office Property For $30M
25 & 45 Northeast Second Avenue, 220 Northeast First Street
Retail
Sold 1 year ago
Summary
Sale
FLORIDA
Retail
The retail and office property located at 25 & 45 Northeast Second Avenue and 220 Northeast First Street in Delray Beach has been sold. The property spans across 2.5 acres in total. The transaction took place on August 11, 2022.
Summary of transaction details
- Property Type: Retail & Office
- Transaction Amount: $30,000,000
- Square Footage: 50,000
- Price Per Square Foot: $600
- Address: 25 & 45 Northeast Second Avenue, 220 Northeast First Street, Delray Beach
- Market: Delray Beach
Gatsby Enterprises, represented by Babak Ebrahimzadeh and Nader Shalom, purchased the property from Janet and Tim Onnen. The buying entity was assisted by brokers Laura Allen and Cecelia Boone from Southdale Properties.
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3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Babak Ebrahimzadeh
DATE: 08/11/2022
ADDRESS: 25 & 45 Northeast Second Avenue, 220 Northeast First Street
MARKET: Delray Beach
ASSET TYPE: Retail & Office ~ ACRES: 2.5
BUYER: Gatsby Enterprises - Babak Ebrahimzadeh & Nader Shalom
SELLER: Janet & Tim Onnen
BROKERS: Laura Allen & Cecelia Boone - Southdale Properties
SALE PRICE: $30,000,000
SF: 50,000 ~ PPSF: $600View on map
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Address25 & 45 Northeast Second Avenue, 220 Northeast First Street
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