SL Property Group Acquires Mixed-Use Building At 260 Bleecker Street For $5,925,000

The mixed-use property at 260 Bleecker Street, located in the West Village, encompasses both commercial and residential units. The asset features one commercial unit and four residential units, totaling five individual units. The property has a sale price of $5,925,000, comprising 5,295 square feet, which results in a price per unit of $1,185,000 and a price per square foot of $1,118.

Summary of transaction details:

• Property Type: Mixed-use (1 Commercial & 4 Residential)
• Transaction Amount: $5,925,000
• Units: 5
• Price per Unit: $1,185,000
• Square Feet: 5,295
• Price per Square Foot: $1,118
• Buyer: SL Property Group - Lance Lefkovits & Sean Lefkovits
• Seller: Estate of Jean Faicco
• Broker: Rodney Nassimian - Highcap Group

This transaction marks the first sale of the property in over 100 years, which has been home to Faicco's Italian Specialties, established in 1900. Additionally, the four apartments included in the deal are all free market.