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EIS Family Sells East Village Mixed-Use Portfolio For $38M

Property Image
SOLD
$38,000,000

New York

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Mixed-use411,225 SF
Sold 05/06/2024
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Property Image
SOLD

EIS Family Sells East Village Mixed-Use Portfolio For $38M

105-109 1st Avenue, 425 East 6th Street, 543 East 6th Street, 110 East 1st Street & 58-62 2nd Avenue

See Similar Deals
Mixed-use411,225 SF
Sold 05/06/2024
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$92
Total Square Footage:411,225 SF
Transaction Type:Sale

The mixed-use property portfolio located at 105-109 1st Ave., 425 & 543 East 6th St., 110 East 1st St. & 58-62 2nd Avenue in East Village, Manhattan was sold for $38,000,000. The total square footage of the portfolio is 82,245, resulting in a price per square foot of $462. The sellers of this property were the EIS Family. The transaction was facilitated by Brandon Polakoff and Ryan McGuirl from Avison Young, along with Michele Roderick from Elegran Real Estate.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $38,000,000
  • Market: East Village, Manhattan
  • SF: 82,245

Brandon Polakoff and Ryan McGuirl represented Avison Young in the deal, while Michele Roderick was the Elegran Real Estate representative for the transaction.

Players

Brandon Polakoff
123 deals$1.8B volume
BROKER

Ryan McGuirl
Avison Young
60 deals$804.5M volume(212) 858-9361
BROKER

Michele Roderick
Elegran Real Estate
2 deals$51.8M volume
BROKER

Details

SOLD
IMAGE: Brandon Polakoff, Ryan McGuirl & Michele Roderick DATE: 05/06/2024 ADDRESS: 105-109 1st Ave., 425 & 543 East 6th St., 110 East 1st St. & 58-62 2nd Avenue - Portfolio MARKET: East Village, Manhattan ASSET TYPE: Mixed-use SELLER: EIS Family BROKERS: Brandon Polakoff (@BfPolly) & Ryan McGuirl (@RMac_NYC) - Avison Young (@Avison_Young_Global), Michele Roderick (@MicheleRoderickNYC) - Elegran Real Estate SALE PRICE: $38,000,000 SF: 82,245 ~ PPSF: $462

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