SOLD
John Ilibassi Acquires Mixed-Use Property In Manhattan For $7M
40 Ludlow Street
MultiFamily
7,350 SF
7,350 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
7,350 sqft
Located at 40 Ludlow Street in Manhattan, this mixed-use property was recently sold in a closed transaction. The property spans 7,350 square feet and has a price per square foot of $850. It consists of 17 units, making it a versatile investment opportunity.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $7,000,000
- Address: 40 Ludlow Street
- City: New York
- Market: Manhattan
The seller of this property was Kevin Platt, acting as the trustee. The buyer, John Ilibassi, seized this investment opportunity. The deal was facilitated by the Highcap Group, with Christen Portelli, a managing principal, representing the buyer. Jeff Weiss, a senior director, and Lou Corti, an associate broker, also played key roles in the transaction.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: […]
ADDRESS: 40 Ludlow Street
CITY: New York
MARKET: Manhattan
ASSET TYPE: Mixed-Use
PRICE: $7,000,000
SF: 7,350 sf PPSF: $850/sf,
UNITS: 17
SELLER: Kevin Platt, Trustee
BUYER: John Ilibassi
BROKER: Highcap Group – Christen Portelli, a managing principal who represented the buyer and Jeff Weiss a senior director along with Lou Corti an associate brokerView on map
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Address40 Ludlow Street
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