KSR Capital Acquires Retail Property At 12 West 18th Street In Flatiron For $1.75M

The retail asset located at 12 West 18th Street, Unit 1w in the Flatiron market of Manhattan has been sold for $1,750,000. The property encompasses an area of 1,400 square feet, translating to a price per square foot of $1,250.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,750,000
• Address: 12 West 18th Street, Unit 1w
• Market: Flatiron, Manhattan
• Square Footage: 1,400
• Price Per Square Foot: $1,250
• Buyer: KSR Capital
• Seller: Quirino Madia
• Buyer's Representative: Dorell Melloul & Marc Sitt - Kassin Sabbagh Realty
• Seller's Representative: Tim Skelly, Michael Scrima & Thomas Gorman Jr. - Redwood Realty Advisors

The transaction was facilitated by the respective representatives, with Dorell Melloul and Marc Sitt representing KSR Capital, while the sellers were represented by Tim Skelly, Michael Scrima, and Thomas Gorman Jr. from Redwood Realty Advisors, showcasing the collaboration between the involved agencies in concluding this deal.