Josh Greenberg, Parag Sawhney, Raymond Chera, Abe Cohen Acquire Mixed-Use Property In Little Italy, Manhattan For $8.55M

The mixed-use property located at 174 Hester Street in Little Italy, Manhattan has been sold for a total price of $8,550,000. The property spans across 11,300 square feet, making the price per square foot $756. The asset consists of 19 apartments and 1 retail store, totaling 20 units. With each unit priced at approximately $427,500, this transaction represents a significant investment opportunity.

Summary of transaction details

• Property Type: Mixed-Use
• Transaction Amount: $8,550,000
• Address: 174 Hester Street
• City: New York
• Market: Little Italy, Manhattan
• Square Footage: 11,300 sf
• Price per Square Foot: $756
• Number of Units: 20 (19 Apartments and 1 Retail Store)

The buyers of this property include Josh Greenberg, Parag Sawhney, Raymond Chera, and Abe Cohen. Represented by their broker, they have successfully completed this transaction, acquiring a valuable asset in Little Italy. The sellers of the property were Dean Ross, Todd Ross, and Steve Kauff.