Investment Property Realty Group Represents Sale Of Mixed-use Asset At 247 West Broadway For $7.25M

This mixed-use asset located at 247 West Broadway in the Tribeca market was sold for $7,250,000. The property encompasses a total of 7,123 square feet and consists of 4 units, resulting in a price per square foot of $1,017.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $7,250,000
• Address: 247 West Broadway
• Market: Tribeca
• Square Footage: 7,123
• Price Per Square Foot: $1,017
• Units: 4
• Seller's Counsel: Michael L. Landsman - Falcon Rappaport & Berkman LLP
• Brokers: Adam Lobel, Zachary Ziskin & Christian Ingenito - Investment Property Realty Group

The transaction involved key individuals, including Adam Lobel, Zachary Ziskin, and Christian Ingenito, who represented the seller. The seller's legal representation was provided by Michael L. Landsman from Falcon Rappaport & Berkman LLP.