WC & J Inc. Acquires Mixed-Use Property In Lower East Side For $5.7M

The mixed-use property located at 187 E. Broadway in the Lower East Side was recently sold for a total price of $5,700,000. The property spans across 5,700 square feet, resulting in a price per square foot of $1,000. WC & J Inc., represented by Leo Hong, acted as the seller in this transaction.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $5,700,000
• Address: 187 E. Broadway
• Market: Lower East Side
• Square Footage: 5,700
• Price Per Square Foot: $1,000

The deal was facilitated by brokers Dave Krause and Paolo Italia from Poseidon Hospitality Group, who represented the buyer. The involvement of these key individuals and companies adds a layer of expertise and insight to the transaction.