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

Property Image
SOLD
$4,800,000

New York

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Mixed-use4,400 SF
Sold 10/01/2024
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Property Image
SOLD

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

977 2nd Avenue

See Similar Deals
Mixed-use4,400 SF
Sold 10/01/2024
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$1,090
Total Square Footage:4,400 SF
Transaction Type:Sale

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:

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.

Players

Alex Woodlief
6 deals$86.4M volume(646) 933-2677
BROKER

Konstantinos Soulios
B6 Real Estate Advisors
1 deal$4.8M volume
BROKER

Details

SOLD
IMAGE: Alex Woodlief DATE: 10/01/2024 ADDRESS: 977 2nd Avenue MARKET: Midtown East ASSET TYPE: Mixed-use SELLER: Roy Israel BROKERS: Alex Woodlief (@NYCloftoffice) & Konstantinos Soulios - B6 Real Estate Advisors (@B6RealEstate) SALE PRICE: $4,800,000 SF: 4,400 ~ PPSF: $1,090 NOTE FROM BROKER: B6 Real Estate Advisors exclusively represented the seller of a prime mixed-use building in Midtown East. The property featured a ground floor commercial unit leased to a licensed cannabis dispensary, three free-market resi units above and future development potential . Please contact Alex Woodlief ([email protected]) for more info.

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