Derby Copeland Capital Acquires Mixed-Use Property At 68 Greenwich Avenue For $4.4M

68 Greenwich Avenue is a mixed-use property located in Manhattan. The asset was sold for $4,400,000 and encompasses 2,402 square feet, translating to a price per square foot of $1,831. The property was previously home to the neighborhood institution, Elephant and Castle. The restaurant space was delivered vacant, featuring a full kitchen, along with two apartments on the upper floors that were also delivered vacant.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $4,400,000
• Address: 68 Greenwich Avenue
• Market: Manhattan
• Square Footage: 2,402
• Price per Square Foot: $1,831
• Buyer: Derby Copeland Capital
• Seller: Jesse Fink
• Broker Representatives: Brent Glodowski, David Shalom & Jordan Barker - Avison Young

Brent Glodowski, David Shalom, and Jordan Barker represented the buyer, Derby Copeland Capital, in this transaction. The broker team played a crucial role in facilitating the sale between the buyer and the seller, Jesse Fink, capitalizing on the property's previous recognition in the community.