King's Capital Acquires Development Site At 233 Mott Street For $7,575,000 From Time Equities

233 Mott Street is a development site located in Nolita, Manhattan, with a sale price of $7,575,000. The property encompasses a total of 12,200 square feet, resulting in a price per square foot of $620.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $7,575,000
• Address: 233 Mott Street
• Market: Nolita, Manhattan
• Buyer: King's Capital
• Buyer's Representatives: George Giannapoulos, Jeff Znaty & Tommy Giannopolous
• Seller: Time Equities
• Seller's Representatives: Bobby Carrozzo, Michael Gembecki, Robert Burton & Will Conrad - Cushman & Wakefield
• BSF: 12,200
• PPBSF: $620

Cushman & Wakefield announced the successful sale on behalf of Time Equities and congratulated both parties involved in the transaction. King's Capital is currently in contract on three properties across Manhattan and Brooklyn, actively seeking multi-family and mixed-use opportunities in prime areas. Special acknowledgments were made to attorneys Joseph Cohen and Jimmy Chehebar for their contributions to the transaction.