Masataka Shirakashi Acquires Mixed-Use Property On East 50th Street For $8.35M

The property involved in the transaction is a mixed-use asset located at 355 East 50th Street in Turtle Bay, Manhattan. The sale price for this asset was $8,350,000, with a total square footage of 7,000, equating to a price per square foot of $1,193.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $8,350,000
• Address: 355 East 50th Street
• Market: Turtle Bay, Manhattan
• Square Footage: 7,000
• Price Per Square Foot: $1,193
• Buyer: Masataka Shirakashi
• Seller: Peak Capital - Alex Rabin & David Gomez
• Brokers: Brandon Polakoff, Ryan McGuirl, Noah Kossoff, Joseph Moran & Kyle Sabath - Avison Young

The transaction was facilitated by brokers Brandon Polakoff, Ryan McGuirl, Noah Kossoff, Joseph Moran, and Kyle Sabath, all representing Avison Young in the sale. The involvement of Peak Capital as the seller was represented by Alex Rabin and David Gomez.