Lockhill Properties Acquires Mixed-Use Asset At 21-23 East 7th Street For $11.1M

The asset involved in this transaction is a mixed-use property located at 21-23 East 7th Street in Manhattan. The sale was completed at a price of $11,100,000, and the property encompasses a total of 14,400 square feet, resulting in a price per square foot of $770.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $11,100,000
• Address: 21-23 East 7th Street
• Market: Manhattan
• Total Square Footage: 14,400
• Price Per Square Foot: $770
• Buyer: Lockhill Properties
• Brokers: Brandon Polakoff & Ryan McGuirl - Avison Young

The transaction was represented by brokers Brandon Polakoff and Ryan McGuirl, who are affiliated with Avison Young. Their role was to facilitate the sale for Lockhill Properties, the buyer in this deal.