Goldman Investments Acquires Mixed-Use Property In East Village For $4.1M

A mixed-use property located at 407 E 6th St in East Village has been sold in a transaction that closed on December 10, 2020. The property, which is zoned for R8B, R7A, and C2-5, offers a combination of residential and commercial spaces.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $4,100,000
• Building Square Footage (BSF): 7,780
• Price Per BSF: $526
• Lot Size: 4,065 square feet
• Price Per Square Foot (PPSF): $1,008
• Number of Units: 5
• Price Per Unit (PPU): $820,000

The buyer in this transaction was Goldman Investments, represented by Hadar Goldman. The seller was Robert Frankel. Notably, the property was previously sold for $3,605,000 in December 2012.