Cushman & Wakefield Brokers Sell Mixed-Use Property On Saint Marks Place In New York City For $8.7M

Located at 78-80 Saint Marks Place in New York City, this mixed-use property with a theatre has been sold in a recent transaction. The sale was facilitated by Cushman & Wakefield, with brokers Ian Brooks, Michael Decheser, Bryan Hurley, Robert M. Shapiro, and Jordan Sutton representing the seller, Trustee For The Estate Of 78-80 Saint Marks Place - Marianne T. O'Toole. The property was sold for $8,700,000 with a total square footage of 14,400. The sale price per square foot was $604.

Summary of transaction details

• Property Type: Mixed-Use with Theatre
• Transaction Amount: $8,700,000
• Address: 78-80 Saint Marks Place, New York City
• Market: New York City
• Brokers: Ian Brooks, Michael Decheser, Bryan Hurley, Robert M. Shapiro, and Jordan Sutton - Cushman & Wakefield

This unique sale of 78-80 Saint Marks Place was conducted through a Chapter 7 bankruptcy auction run by Maltz Auctions. The winning bidder successfully secured the property for $8,700,000, which also includes additional fees and taxes. For more information about this transaction, you can contact the Cushman & Wakefield team.