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Sunny Paek's Sunny K Realty Acquires Mix-use Property In Manhattan For $13.5M

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SOLD
John Ciraulo
Craig Waggner
+ 1

New York

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Mixed-use9,400 SF
Sold
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SOLD

Sunny Paek's Sunny K Realty Acquires Mix-use Property In Manhattan For $13.5M

18 E 23rd St, New York, NY 10010, USA

See Similar Deals
Mixed-use9,400 SF
Sold
John Ciraulo
Craig Waggner
+ 1
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:9400 SF
Transaction Type:Sale

An 18-unit mixed-use property located at 18 East 23rd Street in Manhattan, New York has been sold for a price of $13,500,000. The property spans approximately 9,400 square feet with a price per square foot of $1,436. The asset consists of 16 apartments and a retail space currently occupied by @ChoptSalad, which is paying $170 per square foot for the next 4.5 years.

Summary of transation details

  • Property Type: Mix-use
  • Transaction Amount: $13,500,000
  • Address: 18 East 23rd Street, New York
  • Market: Manhattan

The seller of the property is Bait & Tackle Realty LLC, represented by Charles Milite. The buyer is Sunny Paek from Sunny K Realty. The deal was facilitated by the brokerage firm @Cushwake.

Players

John Ciraulo
45 deals$697.6M volume(212) 660-7700
BROKER

Lou Magarelli
2 deals$13.5M volume
BROKER

Craig Waggner
Cushman & Wakefield
45 deals$662.3M volume
BROKER

Details

SOLD
IMAGE: 18 East 23rd Street CITY: New York MARKET: Manhattan ASSET TYPE: Mix-use PRICE: $13,500,000 SF: 9,400 PPSF: $1,436 UNITS: 18 (16 apartments all FM and @ChoptSalad in the retail paying $170 PSF for the next 4.5 years) SELLER: Bait & Tackle Realty LLC – Charles Milite BUYER: Sunny Paek’s Sunny K Realty BROKER: @Cushwake’s […]

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