Daniel Wrublin Of Dalan Real Estate Acquires Mixed-Use Building In Tribeca For $19.6M

A mixed-use building located at 175 Franklin Street in Tribeca, Manhattan, has been sold for $19,600,000. The asset consists of five units, totaling 12,300 square feet, which results in a price per unit of $3,920,000 and a price per square foot of $1,593.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $19,600,000
• Buyer: Daniel Wrublin - Dalan Real Estate
• Seller: Bahram Benaresh
• Units: 5
• Square Footage: 12,300
• Price Per Unit: $3,920,000
• Price Per Square Foot: $1,593

In this transaction, Dalan Real Estate, through 175 Franklin Holder LLC, acquired the building from Bahram Benaresh, who represented the property through Dc Franklin Lender LLC, following a loan takeover from G4 Capital Partners.