Daren Hornig Acquires Mixed-use Property In Chelsea From Spitzer Enterprises

A mixed-use property located at 419 9 Avenue in Chelsea has been sold for $7,900,000. The property has a total building square footage (BSF) of 19,750, with a price per BSF of $400. The total square footage of the property is 4,740, with a price per square foot (PPSF) of $1,666. The transaction took place on October 20, 2020.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $7,900,000
• Address: 419 9 Avenue, Chelsea
• Market: Chelsea
• Zoning: C6-4, HY

Daren Hornig purchased the property from Spitzer Enterprises, represented by Eliot Spitzer. Hornig's acquisition of the property showcases his investment in the Chelsea market. The sale reflects the attractiveness of mixed-use properties in the area, with a price per BSF of $400 and a price per square foot of $1,666. This transaction highlights the ongoing activity and demand for properties in Chelsea.