SOLD
Ultimate Realty Acquires Retail Condo In Midtown For $3.025M
141 East 55th Street
Retail
32,000 SF
32,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Retail
32,000 sqft
The retail condo located at 141 East 55th Street in Midtown has been sold in a closed transaction. The property, measuring 3,200 square feet, was listed with an asking price of $3,750,000. The final sale price was $3,025,000, resulting in a price per square foot of $945. The net income generated by the property is $240,000.
Summary of transaction details:
- Property Type: Retail Condo
- Transaction Amount: $3,025,000
- Asking Price: $3,750,000
- Square Footage: 3,200
- Price Per Square Foot: $945
- Net Income: $240,000
The seller of the retail condo was Lupo Properties, represented by Maurizio Ameri. The buyer, Ultimate Realty, was represented by their broker, Michael Sabbagh. David Gomez acted as the buyer's representative, and Ben Tapper, along with Gregg, represented the seller in the transaction.
Players
All
4
Agents
2
Agencies
2
Details
SOLD
IMAGE: David Gomez, Michael Sabbagh and Ben Tapper
DATE: 06/14/2019
ADDRESS: 141 East 55th Street
MARKET: Midtown
ASSET TYPE: Retail Condo
ASKING PRICE: $3,750,000
SALE PRICE: $3,025,000
SF: 3,200 PPSF: $945
NET INCOME: 240,000
SELLER: Lupo Properties – Maurizio Ameri
BUYER: Ultimate Realty – Michael Sabbagh
BUYER’S REP: David Gomez
SELLER’S REP: Ben Tapper, Gregg […]View on map
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Address141 East 55th Street
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