Roy Israel Sells Mixed-Use Building In Midtown East For $4.8 Million With B6 Real Estate Advisors

The property asset involved in this transaction is a mixed-use building located at 977 2nd Avenue in Midtown East. The sale price was $4,800,000, and the property encompasses 4,400 square feet, resulting in a price per square foot of $1,090. The building features a ground floor commercial unit leased to a licensed cannabis dispensary, along with three free-market residential units above and potential for future development.

Summary of transation details:

• Property Type: Mixed-use
• Transaction Amount: $4,800,000
• Square Footage: 4,400
• Price per Square Foot: $1,090
• Address: 977 2nd Avenue
• Market: Midtown East
• Seller: Roy Israel
• Broker Representatives: Alex Woodlief & Konstantinos Soulios - B6 Real Estate Advisors

B6 Real Estate Advisors served as the exclusive representative for the seller in this transaction, highlighting the involvement of brokers Alex Woodlief and Konstantinos Soulios in the sale of this property. The note indicates that interested parties can reach out to Alex Woodlief for more information regarding the property.