Exodus Capital Sells Mixed-Use Property In Turtle Bay For $4.4M

The property asset is a mixed-use building located at 355 E. 50th St. in the Turtle Bay market, featuring 6,960 square feet of space. The transaction was concluded at a price of $4,425,000, which reflects a price per square foot of $635.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $4,425,000
• Address: 355 E. 50th St.
• Market: Turtle Bay
• Square Footage: 6,960
• Price per Square Foot: $635
• Brokers: Justin Conway, Haley Hasho & Simba Conway - Exodus Capital
• Note: 20 feet of frontage located between 1st & 2nd Avenue. 30+ years of ownership & delivered vacant at closing.

The brokers involved in this transaction are Justin Conway, Haley Hasho, and Simba Conway, all representing Exodus Capital. They played a crucial role in facilitating the sale, which underscores their expertise in managing mixed-use property transactions.