Klosed Properties Acquires Mixed-Use Building From PJJC Realty For $5.2 Million In Manhattan

The property located at 176 Rivington Street is a mixed-use asset in the Lower East Side of Manhattan. The transaction was completed for a sale price of $5,200,000, encompassing a total square footage of 9,915 with a price per square foot of $524.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $5,200,000
• Address: 176 Rivington Street
• Market: Lower East Side, Manhattan
• Square Footage: 9,915
• Price per Square Foot: $524
• Buyer: Klosed Properties
• Seller: PJJC Realty - Tek Lim Chen
• Brokers: Robert Burton, Michael Decheser, Bryan Hurley, Bobby Carrozzo, Michael Gembecki & Evan Lush - Cushman & Wakefield

The key individuals involved in this transaction include the buyer, Klosed Properties, and the seller, PJJC Realty, represented by Tek Lim Chen. The transaction was facilitated by a team of brokers from Cushman & Wakefield, highlighting the collaborative effort in this mixed-use real estate deal.