33Equities Acquires Mixed-Use Property On Lower East Side For $10.4M

Located in the vibrant Lower East Side neighborhood, a mixed-use property at 101 Delancey Street has recently changed hands in a notable transaction. The sale, facilitated by Joe Koicim and Matt Berger from Marcus & Millichap, saw the property being acquired by Zack Hering and Tucker Shane of 33Equities for a sale price of $10,425,000. The asset spans across 16,312 square feet, translating to a price per square foot of $639. The seller in this deal was Fairstead Capital.

Summary of Transaction Details

• Property Type: Mixed-use
• Sale Price: $10,425,000
• Square Footage: 16,312
• Price per Square Foot: $639
• Market: Lower East Side

This transaction showcases the collaboration between Zack Hering, Tucker Shane, Joe Koicim, and Matt Berger. It highlights the successful representation of the buyer by 33Equities and the seller by Fairstead Capital. The involvement of Marcus & Millichap as the brokerage firm further strengthens the team behind this deal.