Gorjian Real Estate Group Buys 171 Mott Street Mixed Use From Jonely Moy

The property is a mixed-use asset at 171 Mott Street in the Little Italy market. It comprises 10 units across 6,382 square feet and sold for $2,725,000 ($272,500 per unit; $426 per square foot).

Summary of transation details:

• Property Type: Mixed-use
• Transaction Amount: $2,725,000
• Address: 171 Mott Street
• Market: Little Italy
• Units: 10
• PPU: $272,500
• SF: 6,382
• PPSF: $426
• Buyer: Gorjian Real Estate Group
• Seller: Jonely Moy
• Brokers: Matt Fotis, Michael Weinstein & Colton Traynham - Marcus & Millichap

The deal involved Gorjian Real Estate Group as the buyer and Jonely Moy as the seller, with Marcus & Millichap serving as the brokerage team represented by Matt Fotis, Michael Weinstein, and Colton Traynham.