Joel J. Gorjian Of Gorjian Real Estate Group Acquires Retail Condos From Michael Namer For $3.3M

Gorjian Real Estate Group acquired two retail condos located at 197 Mott Street and 199 Mott Street in Nolita, Manhattan. The sale was completed for a total of $3,300,000, with the total square footage amounting to 6,160 square feet, resulting in a price per square foot of approximately $536.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,300,000
• Address: 197 Mott Street & 199 Mott Street
• Market: Nolita, Manhattan
• Buyer: Joel J. Gorjian - Gorjian Real Estate Group
• Seller: Michael Namer - Alfa Development
• Square Footage: 6,160
• Price Per Square Foot: $536

Joel J. Gorjian represents Gorjian Real Estate Group in this transaction, while Michael Namer represents Alfa Development as the seller. The deal highlights the involvement of these parties in facilitating the successful transfer of the retail assets.