Derby Copeland Capital Purchases Mixed-use Building From Azapian Family For $7.23M In Greenwich Village

The property asset involved in the transaction is a mixed-use building located at 24 Greenwich Avenue in the Greenwich Village market. The asset consists of 3 apartments and 1 store, encompassing a total of 6,072 square feet. The transaction took place at a sale price of $7,225,500, resulting in a price per unit of $1,806,375 and a price per square foot of $1,190.

Summary of transaction details:

• Property Type: Mixed-use (3 Apts & 1 Store)
• Transaction Amount: $7,225,500
• Units: 4
• Price Per Unit: $1,806,375
• Square Footage: 6,072
• Price Per Square Foot: $1,190
• Buyer: Derby Copeland Capital
• Seller: Azapian Family
• Brokers: Zachary Ziskin, Adam Lobel, Justin Zeitchik, Christian Ingenito & Morgan Rosberg - Investment Property Realty Group (IPRG)

The deal involved key representatives from Investment Property Realty Group (IPRG). Zachary Ziskin, Adam Lobel, Justin Zeitchik, Christian Ingenito, and Morgan Rosberg facilitated the transaction, representing the interests of the buyer and seller throughout the process.