Vergara Family Sells Mixed-Use Property At 318 East 9th Street For $3.625M

The property at 318 East 9th Street, located in the East Village market, is a mixed-use asset featuring 10,260 square feet. It was sold for $3,625,000, which translates to a price per square foot of $353.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,625,000
• Square Footage: 10,260
• Price per Square Foot: $353
• Seller: Vergara Family
• Brokers: Daniel Handweiler, Sam Perry & Richard Velotta - Raven Property Advisors
• Note: The property consisted of 16 rent stabilized units and 2 retail stores.

The transaction involved key representatives from Raven Property Advisors, with Daniel Handweiler, Sam Perry, and Richard Velotta acting as brokers for the deal, facilitating the sale of the mixed-use property.