Zachary Hering & Tucker Shane Acquire Mixed-Use Property At 48 Bedford St. West Village For $6.5M

A mixed-use property located at 48 Bedford St. in the West Village of New York City has been sold for a total of $6,500,000. The property, with a total square footage of 6,700, features 10 units, resulting in a price per unit of $650,000. The sale took place on March 31, 2021. The property, classified as tax class 2B, consists of a mix of residential and commercial spaces.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $6,500,000
• Address: 48 Bedford St.
• Market: West Village
• Tax Class: 2B
• Buyer: Zachary Hering & Tucker Shane
• Seller: Demler Family
• Brokers: Andrew Natter & Harold Fuchs - The Collaborative Group

The deal was facilitated by brokers Andrew Natter and Harold Fuchs from The Collaborative Group. The buyer, Zachary Hering, and Tucker Shane of 33 Equities, closed the deal with an all-cash transaction. 33 Equities has been actively seeking multifamily and mixed-use properties, as demonstrated by their purchase of this property. It's worth noting that the seller, the Demler Family, had originally acquired the property for $9.5 million in 2013. This transaction highlights the buyer's confidence in the market and their strategy to invest in these types of properties.

For inquiries about buying or selling multifamily and commercial real estate, interested parties can contact Andrew Natter of The Collaborative Group. Andrew can be reached at 646-766-1591 or via email at [email protected].