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1403 2nd Avenue LLC Acquires Walk-up In Manhattan For $12M

Property Image
SOLD
$12,000,000

New York

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Mixed-use9,580 SF
Sold 12/14/2017
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Property Image
SOLD

1403 2nd Avenue LLC Acquires Walk-up In Manhattan For $12M

1403 2nd Avenue, Manhattan, New York, NY, USA

See Similar Deals
Mixed-use9,580 SF
Sold 12/14/2017
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$1,252
Total Square Footage:9,580 SF
Transaction Type:Sale

A walk-up property with over six families and stores located at 1403 2nd Avenue in Manhattan, New York has been sold. The transaction took place on December 14, 2017. The property spans a total of 9,580 square feet and has 17 units. The sale price was recorded at $12,000,000, resulting in a price per square foot of $1,253.

Summary of transaction details:

  • Property Type: Walk-up, Over Six Families With Stores
  • Sale Date: 12/14/17
  • Address: 1403 2nd Avenue
  • City: New York
  • Market: Manhattan
  • Units: 17
  • Buyer: 1403 2nd Avenue LLC
  • Seller: Salt Equities - Sal Smeke and Michael Wahba
  • Seller's Broker: Cushman and Wakefield Team of Guthrie Garvin, Michael Gembecki, and Alexander Ball
  • Price: $12,000,000
  • SF: 9,580
  • PPSF: $1,253

The seller's representation in this transaction was provided by the Cushman and Wakefield Team, consisting of Guthrie Garvin, Michael Gembecki, and Alexander Ball.

Players

Guthrie Garvin
41 deals$910.9M volume
BROKER

Alexander Ball
4 deals$62.1M volume
BROKER

Michael Wahba
4 deals$21.2M volume
SELLER

SELLER

Details

SOLD
IMAGE: 12/14/17 ADDRESS: 1403 2nd Avenue CITY: New York MARKET: Manhattan CROSS STREET: 73rd st. & 2nd Ave ASSET TYPE: Walk-up, Over Six Families With Stores BUYER: 1403 2nd Avenue LLC SELLER: Salt Equities - Sal Smeke and Michael Wahba SELLER’S BROKER: Cushman and Wakefield Team of Guthrie Garvin @guthriegarvin, Michael Gembecki, and Alexander Ball @ballsesh PRICE: $12,000,000 SF: 9,580 ~ PPSF: $1,253 UNITS: 17

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