SOLD
Ariel Property Advisors Acquires Package Deal In Lower East Side For $24.8M
109 Ludlow Street
Package Deal
79,224 SF
79,224 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Package Deal
79,224 sqft
A package deal consisting of two properties located at 109 Ludlow Street and 153 Norfolk Street in the Lower East Side has been sold for a total price of $24,800,000. The combined square footage of the properties is 39,612, resulting in a price per square foot of $626. The transaction took place on 03/22/2023.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $24,800,000
- Square Footage: 39,612
- Price Per Square Foot: $626
- Address: 109 Ludlow Street & 153 Norfolk Street
- Market: Lower East Side
The buyer's representatives in this deal were Michael Tortorici, Shimon Shkury, Victor Sozio, and Howard Raber from Ariel Property Advisors. On the other hand, Michael Decheser and Bryan Hurley represented the seller as part of Cushman & Wakefield.
Players
All
8
Agents
6
Agencies
2
Details
SOLD
IMAGE: Michael Decheser, Bryan Hurley, Michael Tortorici, Shimon Shkury, Victor Sozio & Howard Raber
DATE: 03/22/2023
ADDRESS: 109 Ludlow Street & 153 Norfolk Street
MARKET: Lower East Side
ASSET TYPE: Package Deal
BUYER'S REP: Michael Tortorici, Shimon Shkury (@SShkury), Victor Sozio & Howard Raber - Ariel Property Advisors (@ArielPA.NYC)
SELLER'S REP: Michael Decheser (@MichaelfDecheser), Bryan Hurley (@BfHurley3) - Cushman & Wakefield (@CushWake)
SALE PRICE: $24,800,000
SF: 39,612 ~ PPSF: $626View on map
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Address109 Ludlow Street
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