67 Reade LLC Acquires Retail Property In Manhattan For $15M

Located at 85 Chambers Street in New York City's Manhattan market, a retail property recently changed hands in a closed transaction. The property was sold for $15,000,000. The seller, Mehrdad Sharrati, entered into an agreement with the buyer, 67 Reade LLC. The transaction was facilitated by the brokerage firm Cushman & Wakefield.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $15,000,000
• Address: 85 Chambers Street, New York
• Market: Manhattan

This deal involved key individuals and companies in the real estate industry. Mehrdad Sharrati, the seller, successfully sold the retail property located at 85 Chambers Street in Manhattan. The buyer, 67 Reade LLC, acquired the property at the agreed-upon price of $15,000,000. The brokerage firm Cushman & Wakefield represented both parties in this transaction.