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Torkian Group Acquires Mixed-Use Property In Chelsea, Manhattan For $7.2M

Property Image
SOLD
$7,200,000

New South Wales

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Mixed-use6,361 SF
Sold 02/15/2023
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Property Image
SOLD

Torkian Group Acquires Mixed-Use Property In Chelsea, Manhattan For $7.2M

304 Eighth Avenue

See Similar Deals
Mixed-use6,361 SF
Sold 02/15/2023
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Summary

Asset Type:Mixed-use
Price Per Square Foot:$1,131
Total Square Footage:6,361 SF
Transaction Type:Sale

A mixed-use property located at 304 Eighth Avenue in Chelsea, Manhattan has been sold for a price of $7,200,000. The property spans an area of 6,361 square feet and the price per square foot is $1,132. The building has a total of 14,851 buildable square feet, resulting in a price per buildable square foot of $485. The transaction took place on February 15, 2023.

Summary of transaction details:

  • Property Type: Mixed-Use
  • Transaction Amount: $7,200,000
  • Address: 304 Eighth Avenue, Chelsea, Manhattan
  • Market: Chelsea, Manhattan

The buyer of the property is the Torkian Group, represented by Hersel Torkian. The sellers are Nicholas Stroghilas, Robert Macropoulos, Helen Macropoulos, and John Macropoulos. The transaction was facilitated by Bijan Oheb. The Hersel Torkian Group has acquired the property in this deal.

Players

BO
1 deal$7.2M volume
BROKER

2 deals$10.2M volume
BROKER

5 deals$62.2M volume
BUYER

Details

SOLD
IMAGE: Hersel Torkian DATE: 02/15/2023 ADDRESS: 304 Eighth Avenue MARKET: Chelsea, Manhattan ASSET TYPE: Mixed-Use BUYER: Torkian Group - Hersel Torkian SELLER: Nicholas Stroghilas, Robert Macropoulos, Helen Macropoulos & John Macropoulos BROKER: Bijan Oheb SALE PRICE: $7,200,000 BSF: 14,851 ~ PPBSF: $485 SF: 6,361 ~ PPSF: $1,132

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