The Sabet Group Acquires Mixed-Use Property In East Village For $15.8M

24 Avenue A, New York, NY 10009, USA

$15,800,000

$1,032/SF

Building Size

15,308 SF

Asset Type

Mixed-use

Closing

Feb 8, 2019

AI

A mixed-use property located at 24 Avenue A in the East Village has been sold for a total of $15,800,000. The transaction took place on February 9, 2019. The property spans across 15,308 square feet and was sold at a price of $1,032 per square foot.

Summary of transaction details

Property Type: Mixed-use
Transaction Amount: $15,800,000
Date: 02/09/2019
Address: 24 Avenue A
Market: East Village
SF: 15,308
PPSF: $1,032

The seller of the property is Alan Luke, while the buyer is The Sabet Group. The transaction was facilitated by brokers Joseph Smith & George Niblock from Friedman Roth.

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