Hildreth Real Estate Advisors Acquires Mixed-Use Building In New York City For $3.4M

The mixed-use property located at 69 Avenue C in New York City has been sold for a total price of $3,400,000. The property spans across 3,840 square feet, resulting in a price per square foot of $885. The transaction took place on 07/13/2023 and involved the buyer, Hildreth Real Estate Advisors, and the seller, Gwangil Kim. The buyer was represented by David Shorenstein, Jason Breitstone, Ethan Frank, and Daniel LeCoque from Hildreth Real Estate Advisors. On the other hand, the seller was not represented by any broker in this deal. The brokers involved in the transaction were Peter Dodge, Joe Koicim, and Matt Berger from Marcus & Millichap.

Hildreth Real Estate Advisors, the buyer, is actively seeking mixed-use, free-market buildings in New York City, with a specific interest in properties that have laundromats as commercial tenants. They can be contacted at [email protected] for any relevant opportunities.