Transworld Equities Acquires Mixed-Use Property In Union Square For $22M

The mixed-use property located at 857 Broadway in Union Square has been sold in a recent transaction. The sale was facilitated by Mark Weiss, John Ciraulo, Craig Waggner, and Mike Kavanagh of Cushman & Wakefield, representing the seller, Susan Shaw. The buyer of the property is Transworld Equities. The sale price for the property was $22,000,000, with a total area of 11,636 square feet, resulting in a price per square foot of $1,890.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $22,000,000
• Address: 857 Broadway
• Market: Union Square
• Buyer: Transworld Equities
• Seller: Susan Shaw
• Brokers: Mark Weiss, Craig Waggner, John Ciraulo, and Mike Kavanagh (Team Ciraulo & Waggner) - Cushman & Wakefield
• Square Footage: 11,636
• Price Per Square Foot: $1,890

The successful transaction highlights the involvement of key individuals and companies in the deal, including Mark Weiss, Craig Waggner, John Ciraulo, and Mike Kavanagh from Cushman & Wakefield, who represented the seller, Susan Shaw. The buyer, Transworld Equities, displayed their interest in acquiring this mixed-use property in Union Square.