Rosenkranz Foundation Acquires Former Market Line Food Hall Condo For $12.9M In Lower East Side

The retail asset located at 202 Broome Street in the Lower East Side of Manhattan was sold for $12,900,000. The property encompasses a total area of 35,421 square feet, pricing it at approximately $364 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $12,900,000
• Address: 202 Broome Street
• Market: Lower East Side, Manhattan
• Sale Price: $12,900,000
• SF: 35,421
• PPSF: $364
• Buyer: Rosenkranz Foundation
• Seller: Charles R. Bendit, Paul E. Pariser - Taconic Partners; Lisa Gomez - L+M Development Partners; Donald Capoccia - BFC Development Partners

The Rosenkranz Foundation acquired the former Market Line Food Hall condo from Taconic, L+M, and BFC Development as part of this transaction.