SOLD
Jack Terzi Acquires Greenpoint Retail Condo On Manhattan Avenue
807 Manhattan Avenue
Mixed-use
15,000 SF
15,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Mixed-use
15,000 sqft
The retail condo located at 807 Manhattan Avenue in New York City's Greenpoint/BK market has been sold for a price of $10,050,000. The property, a historic stone building featuring neoclassical architecture, encompasses 15,000 square feet of interior space. With a price per square foot of $670, this retail condo offers a lucrative investment opportunity.
Summary of Transaction Details
- Property Type: Retail Condo
- Transaction Amount: $10,050,000
- Square Footage: 15,000
- Address: 807 Manhattan Avenue, New York
- Market: Greenpoint/BK
Jack Terzi has acquired the property from Margate Atlantic Properties. The deal was facilitated by the brokers Dan Kaplan and Justin Arzi from CBRE. It is worth noting that Capital One has a long-term lease for the entire 15,000 square feet of interior space in this historic building. They operate a retail bank branch at this location.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Jack Terzi (@jt_re) and Dan Kaplan (@Dkap24)
DATE: 05/31/2018
ADDRESS: 807 Manhattan Avenue
CITY: New York
MARKET: Greenpoint/BK
ASSET TYPE: Retail Condo
SELLER: Margate Atlantic Properties
BUYER: Jack Terzi
BROKERS: Dan Kaplan & Justin Arzi @arzigram - CBRE
PRICE: $10,050,000
SF: 15,000 ~ PPSF: $670
NOTES: The historic stone building at 807 Manhattan Avenue, which features neoclassical architecture including a domed roof and Romanesque columns. Capital One has a long-term lease of the building's entire 15,000 square feet of interior space, which it uses for a retail bank branch.View on map
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Address807 Manhattan Avenue
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