HF Realty & JLRE Acquires Retail Condo In Chelsea For $11M

A retail condo located at 300 W. 23rd Street in Chelsea has been sold for $11,000,000. The property spans 12,110 square feet, resulting in a price per square foot of $908. The transaction took place on November 30, 2020. The buyer, HF Realty & JLRE represented by Jonathan Leifer, Ken Schuckman, and Sam Schertz, acquired the property from seller Charles Washington, LP, represented by Ary Freilich. The deal was facilitated by brokers Brandon Polakoff and Brent Glodowski of Avison Young.

Summary of transaction details:

• Property Type: Retail Condo
• Transaction Amount: $11,000,000
• Address: 300 W. 23rd Street
• Market: Chelsea
• Square Footage: 12,110
• Price per Square Foot: $908

HF Realty & JLRE, represented by Jonathan Leifer, Ken Schuckman, and Sam Schertz, successfully acquired the retail condo. The seller, Charles Washington, LP, was represented by Ary Freilich. The brokerage services were provided by Brandon Polakoff and Brent Glodowski of Avison Young. It is worth noting that there is currently one vacancy in the property, and Realty & is accepting inquiries for leasing.