The Koniuk Family Sells Mixed-Use Property At 333 1st Avenue For $2.8M With Robert Aaron As The Broker

The property involved in this transaction is a mixed-use asset located at 333 1st Avenue in the Gramercy Park market. The sale price was $2,800,000, with a total of 6 units. The building comprises 5,014 square feet, which equates to a price per unit of $466,666 and a price per square foot of $558. This asset is noted for being 100% rent stabilized.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,800,000
• Units: 6
• Square Footage: 5,014
• Price Per Unit: $466,666
• Price Per Square Foot: $558
• Seller: The Koniuk Family
• Broker: Robert Aaron - Horvath & Tremblay

Representing the seller in this transaction was Robert Aaron, associated with the brokerage Horvath & Tremblay, facilitating the sale on behalf of The Koniuk Family.