Lockhill Properties Acquires Mixed-Use Property In East Village For $5.2M

The recently closed transaction in the East Village involved the sale of a mixed-use property located at 108 1st Avenue. The property spans a total area of 5,535 square feet and was sold for a price of $5,200,000, resulting in a price per square foot of $939. The deal was facilitated by Brandon Polakoff from Avison Young, who represented the buyer, Lockhill Properties - Parke Leatherman.

Summary of transaction details:

• Property Type: Mixed-Use
• Transaction Amount: $5,200,000
• Address: 108 1st Avenue, East Village
• Square Footage: 5,535
• Price per Square Foot: $939
• Buyer: Lockhill Properties - Parke Leatherman
• Broker: Brandon Polakoff - Avison Young

This successful transaction was facilitated by Brandon Polakoff from Avison Young. The deal demonstrates the expertise and professionalism of Lockhill Properties - Parke Leatherman and their commitment to acquiring properties in the East Village market.