Transworld Equities Acquires Mixed-Use Property In Hell's Kitchen For $20M

Located in Hell's Kitchen, 689 8th Avenue has recently been sold in a closed transaction. This mixed-use property offers a total of 4 units, which were acquired by Transworld Equities from the seller, Dori Nagar. The sale price for this transaction was $20,000,000, resulting in a price per unit of $5,000,000. The property spans an area of 5,503 square feet, making the price per square foot equal to $3,634.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $20,000,000
• Units: 4
• Price per Unit: $5,000,000
• Total Square Footage: 5,503
• Price per Square Foot: $3,634

Transworld Equities took part in this transaction as the buyer, while Dori Nagar acted as the seller. The deal was completed on 06/10/2022 in the market of Hell's Kitchen. The property's address is 689 8th Avenue. No additional details about the transaction are available.