Prospect Acquisitions Acquires Mixed-Use Building In Chelsea For $4.1M

The mixed-use property located at 251 West 18th Street in Chelsea has been sold for a price of $4,100,000. The property spans 7,590 square feet, resulting in a price per square foot of $540. It consists of 10 units, with each unit priced at $410,000.

Summary of transaction details:

• Property Type: Mixed-Use
• Transaction Amount: $4,100,000
• Address: 251 West 18th Street
• Market: Chelsea
• Square Footage: 7,590
• Price per Square Foot: $540
• Number of Units: 10
• Price per Unit: $410,000

The buyer of the property is Prospect Acquisitions. The transaction was facilitated by Brock Emmetsberger and Jameson Hill from B6 Real Estate Advisors acting as brokers for the buyer. Prospect Acquisitions, currently focused on acquiring multifamily and mixed-use buildings in prime areas of Manhattan and Brooklyn, encourages interested parties to send their deals to [email protected].