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

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].