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

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.