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

Property Image
SOLD
$3,400,000
Matt Berger
Peter Dodge
+ 3

New York

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Mixed-use3,840 SF
Sold 07/13/2023
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Property Image
SOLD

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

69 Avenue C, New York, NY 10009

See Similar Deals
Mixed-use3,840 SF
Sold 07/13/2023
Matt Berger
Peter Dodge
+ 3
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$885
Total Square Footage:3,840 SF
Transaction Type:Sale

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.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: $3,400,000
  • Square Footage: 3,840
  • Price Per Square Foot: $885
  • Address: 69 Avenue C, New York City

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.

Players

Joseph (Joe) Koicim
172 deals$2.7B volume(212) 430-5147
BROKER

Peter Dodge
Marcus & Millichap
21 deals$203.4M volume(212) 430-5231
BROKER

Matt Berger
Marcus & Millichap
21 deals$391.5M volume
BROKER

David Shorenstein
Hildreth Real Estate Advisors
60 deals$187.3M volume
BUYER

Jason Breitstone
Hildreth Real Estate Advisors
35 deals$130.8M volume
BUYER

Ethan Frank
Hildreth Real Estate Advisors
7 deals$27.5M volume
BUYER

Hildreth Real Estate Advisors
BUYER

Details

SOLD
IMAGE: David Shorenstein, Peter Dodge, Jason Breitstone, Joe Koicim, Ethan Frank, Matt Berger & Daniel LeCoque DATE: 07/13/2023 ADDRESS: 69 Avenue C MARKET: New York City ASSET TYPE: Mixed-use BUYER: Hildreth Real Estate Advisors (@Hildreth.Advisors) - David Shorenstein (@Shoreshot1), Jason Breitstone (@Jabstone), Ethan Frank (@Noho_Frank) & Daniel LeCoque (@Dan_Leq) SELLER: Gwangil Kim BROKERS: Peter Dodge (@PxDodge), Joe Koicim (@Joey1Cap) & Matt Berger (@MattBerger5) - Marcus & Millichap (@MarcusMillichap_NY) SALE PRICE: $3,400,000 SF: 3,840 ~ PPSF: $885 NOTE FROM BUYER: Hildreth Real Estate Advisors is actively seeking mixed-use, free-market buildings in New York City, especially if the commercial tenant is a laundromat. Please DM or send opportunities to [email protected].

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