Regency Centers Acquires Retail Condo In Manhattan For $42.9M

The property involved in this closed transaction is a retail condominium located at 1223 Second Avenue in New York. The transaction took place in March 2017 in the Manhattan market. The retail condo spans approximately 18,474 square feet and was sold at a price of $42,945,490.80, resulting in a price per square foot of $2,324. The seller of the property was Equity One, while the buyer was Regency Centers – REIT.

Summary of Transaction Details:

• Property Type: Retail
• Transaction Amount: $42,945,490.80
• Address: 1223 Second Avenue
• Market: Manhattan
• Square Footage: 18,474
• Price per Square Foot: $2,324
• Seller: Equity One
• Buyer: Regency Centers – REIT

This transaction involved a retail condo located at 1223 Second Avenue. Equity One sold the property to Regency Centers – REIT. The deal was closed in March 2017 in the Manhattan market. The retail condo spans approximately 18,474 square feet and was sold at a price of $42,945,490.80, resulting in a price per square foot of $2,324. This transaction highlights the key individuals and companies involved, showcasing the role of Equity One as the seller and Regency Centers – REIT as the buyer.