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Lawrence Movtady Acquires Mixed-Use Property In NoLiTa & LES For $13.2M

Property Image
SOLD
$13,200,000
Bobby Carrozzo
Michael Decheser
+ 2

New York

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Mixed-use18,450 SF
Sold 09/20/2021
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Property Image
SOLD

Lawrence Movtady Acquires Mixed-Use Property In NoLiTa & LES For $13.2M

51 East Houston Street, Manhattan, New York, NY, USA

See Similar Deals
Mixed-use18,450 SF
Sold 09/20/2021
Bobby Carrozzo
Michael Decheser
+ 2
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$715
Total Square Footage:18,450 SF
Transaction Type:Sale

A mixed-use property in the NoLiTa and LES neighborhoods of New York City has been sold for $13,200,000. The property, located at 51 and 217 East Houston Street, spans 18,450 square feet and falls under tax class 2B. The transaction took place on September 20, 2021.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $13,200,000
  • Address: 51 & 217 East Houston Street
  • Market: NoLiTa & LES
  • Tax Class: 2B

The buyer of the property is Lawrence Movtady from Movcap, accompanied by Max Koshkerman from Lafayette Management. Mark Fischler was the seller in this transaction. The brokers involved in the deal were Michael F. DeCheser, Bryan F. Hurley, Robert Burton, and Bobby Carrozzo from CushWake.

For any additional acquisition opportunities, Lawrence Movtady can be reached through direct message on Instagram at @lawrencemov or via email at [email protected].

Players

Robert Burton
34 deals$615.4M volume
BROKER

Bobby Carrozzo
Cushman & Wakefield
35 deals$432.1M volume
BROKER

Bryan Hurley
Cushman & Wakefield
42 deals$428.3M volume(212) 660-7706
BROKER

Michael Decheser
Cushman & Wakefield
41 deals$363.4M volume(917) 974-9207
BROKER

Details

SOLD
IMAGE: Michael F. DeCheser, Bobby Carrozzo, Lawrence Movtady, Bryan F. Hurley & Robert Burton DATE: 09/20/2021 ADDRESS: 51 & 217 East Houston Street MARKET: NoLiTa & LES ASSET TYPE: Mixed-use ~ TAX CLASS: 2B BUYER: Lawrence Movtady (@LawrenceMov) - Movcap, Max Koshkerman - Lafayette Management SELLER: Mark Fischler BROKERS: @CushWake - Michael F. DeCheser (@MichaelFDeCheser), Bryan F. Hurley (@BFHurley3), Robert Burton (@downtown_soho_investment_sales) & Bobby Carrozzo (@bobby_carrozzo) SALE PRICE: $13,200,000 SF: 18,450 ~ PPSF: $715 NOTE FROM THE BUYER @LawrenceMov: Please direct message any additional acquisition opportunities to: 📸 @lawrencemov or 📧 [email protected]

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