Beekman Estate Acquires Mixed-Use Property On UES For $7.95M

A mixed-use property located at 833 Lexington Ave in the UES neighborhood has been sold for $7.95 million. The property is spread across 5,765 square feet, with a price per square foot of $1,379.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $7.95M
• Address: 833 Lexington Ave
• Market: UES
• Square Footage: 5,765
• Price per Square Foot: $1,379

The seller, SBP Lexington LLC represented by Yuri Gaspar, sold the property to the buyer, Beekman Estate represented by Lucius Palmer. Hunter Moss and Michael Gembecki from CushWake and buildinginvestmentsales served as the seller's representatives in the deal.

It is worth noting that the residential units of the property were delivered vacant.