Blue Health Holding Acquires Retail Property On Lower East Side For $1.9M

Located in the Lower East Side, the property at 103-105 Norfolk Street was recently sold in a closed transaction. The retail asset spans 2,690 square feet, with a selling price of $1,900,000. This translates to an average price per square foot of $706.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $1,900,000
• Address: 103-105 Norfolk Street
• Market: Lower East Side

The buyer in this transaction was Blue Health Holding, represented by Dr. Michael Calabrese and Dr. Tim Canty. On the other hand, the seller was Delancey Norfolk, with Jason Carter as their representative. Michael Segerman from Current Real Estate Advisors acted as the buyer's representative, while Christopher Owles from Sinvin represented the seller.

By bringing together these key individuals and companies, the deal was successfully executed, resulting in the sale of the retail property on Norfolk Street.