Penn South Capital Sells Mixed-Use Property In East Village For $4.3M

A mixed-use property located at 123 1st Avenue in the East Village was recently sold for $4,300,000. The property spans 3,680 square feet, resulting in a price per square foot of $1,168. The sale took place on December 15, 2021.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $4,300,000
• Address: 123 1st Avenue
• Market: East Village

The sellers of the property were Penn South Capital, represented by Parag Sawhney and Raymond Chera. The buyer was not specified in the provided information. The transaction was facilitated by broker Brandon Polakoff from Avison Young.