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Chul Ho Chong Acquires Mixed-Use Property On Sixth Avenue In NoMad For $6.85M

Property Image
SOLD
$6,850,000

New York

See Similar Deals
Mixed-use3,947 SF
Sold 09/19/2019
the dealdetailscomps
Property Image
SOLD

Chul Ho Chong Acquires Mixed-Use Property On Sixth Avenue In NoMad For $6.85M

816 6th Ave, New York, NY 10001, USA

See Similar Deals
Mixed-use3,947 SF
Sold 09/19/2019
the dealdetailscomps

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$1,735
Total Square Footage:3,947 SF
Transaction Type:Sale

The mixed-use property located at 816 Sixth Avenue in NoMad has been sold in a closed transaction. The property was previously owned by Bill Nikolis, who operated Bills Flower Market. The buyer of the property is Chul Ho Chong. The sale price for the property was $6,850,000, which is below the asking price of $7,950,000. The property spans 3,947 square feet, resulting in a price per square foot of $1,735. It consists of four units, with each unit having a price per unit of $1,712,500.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $6,850,000
  • Square Footage: 3,947
  • Price per Square Foot: $1,735
  • Address: 816 Sixth Avenue, NoMad

John Ciraulo and Craig Waggner from CushWake represented the seller, Bill Nikolis, in the deal. No further details were provided regarding the involvement of other individuals or companies in this transaction.

Details

SOLD
IMAGE: Craig Waggner, John Ciraulo, JP Will, Mike Kavanagh, Tony Park DATE: 09/19/2019 ADDRESS: 816 Sixth Avenue MARKET: NoMad ASSET TYPE: Mixed-use SELLER: Bill Nikolis – Bills Flower Market BUYER: Chul Ho Chong SELLER’S REP: @CushWake: John Ciraulo (@teamciraulowaggner), Craig […] ASKING PRICE: $7,950,000 SALE PRICE: $6,850,000 SF: 3,947 PPSF: $1,735 ? UNITS: 4 PPU: $1,712,500

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