Churchill Real Estate Holdings Sells Mixed-Use Property In South Street Seaport, Manhattan For $24.5M With Buyer's Rep Julian Kiguel - REDA Holdings

The mixed-use property at 257 Water Street (23 Peck Slip) in South Street Seaport, Manhattan was recently sold for $24,500,000. The transaction took place on January 26, 2022. The property spans 27,522 square feet, resulting in a price per square foot of $890.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $24,500,000
• Address: 257 Water Street (23 Peck Slip)
• Market: South Street Seaport, Manhattan
• Square Feet: 27,522
• Seller: Churchill Real Estate Holdings
• Buyer's Representative: Julian Kiguel - REDA Holdings
• Seller's Representatives: Maurice Suede & Dan Soyak - Cushman & Wakefield

The sale of this mixed-use property was facilitated by Maurice Suede and Dan Soyak from Cushman & Wakefield, representing the seller, Churchill Real Estate Holdings. On the buyer's side, Julian Kiguel from REDA Holdings served as the representative. The transaction demonstrates the robust nature of the South Street Seaport market in Manhattan, where properties such as this one continue to attract significant investment.