Self Reliance NY FCU Acquires Mixed-Use Property At 110 2nd Avenue For $7.4M

The mixed-use property located at 110 2nd Avenue in East Village, Manhattan, was sold for $7,400,000. Spanning 8,372 square feet, the property was acquired at a price per square foot of $884. The transaction took place on 05/21/2024 with the Self Reliance NY Federal Credit Union buying from the Womens Prison Association. The deal was facilitated by brokers Kate Hrobsky and Christopher Turner from Denham Wolf Real Estate Services.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $7,400,000
• Buyer: Self Reliance NY Federal Credit Union
• Seller: Womens Prison Association
• Brokers: Kate Hrobsky & Christopher Turner - Denham Wolf Real Estate Services
• Address: 110 2nd Avenue
• Market: East Village, Manhattan
• SF: 8,372
• PPSF: $884

Christopher Turner and Kate Hrobsky from Denham Wolf Real Estate Services represented the buyer and seller, respectively, in the property transaction. This deal underscores the active role played by real estate professionals in ensuring successful property transactions, aligning the interests of both parties while navigating the complexities of real estate acquisitions.