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NYC Fifth Avenue Retail Holdings Acquires Retail Condo In Manhattan For $10.8M

Property Image
SOLD
George Martinecz
Brian Segall
Andrew Jacobs
+ 1

New York

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Retail2,706 SF
Sold 12/18/2017
the dealplayerscompscontact
Property Image
SOLD

NYC Fifth Avenue Retail Holdings Acquires Retail Condo In Manhattan For $10.8M

241 5th Ave, New York, NY 10016, USA

See Similar Deals
Retail2,706 SF
Sold 12/18/2017
George Martinecz
Brian Segall
Andrew Jacobs
+ 1
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:2,706 SF
Transaction Type:Sale

The retail condo located at 241 Fifth Avenue in Manhattan has been sold for a price of $10,800,000. The property, owned by JTRE Holdings Jack Terzi, was purchased by NYC Fifth Avenue Retail Holdings, LLC, a buyer represented by the brokers @rkfretail – Brian Segall, Andrew Jacobs, and George Martinecz.

Summary of Transaction Details

  • Property Type: Retail Condo
  • Transaction Amount: $10,800,000
  • Seller: JTRE Holdings Jack Terzi
  • Buyer: NYC Fifth Avenue Retail Holdings, LLC
  • Brokers: @rkfretail – Brian Segall, Andrew Jacobs, and George Martinecz

The involvement of @rkfretail – Brian Segall, Andrew Jacobs, and George Martinecz as brokers highlights their role in facilitating the transaction. Their expertise and representation helped in bringing the seller and buyer together for this property deal.

Players

Andrew Jacobs
Berkshire Hathaway HomeServices
Andrew Jacobs
4 deals$27.7M volume
BROKER
Brian Segall
Newmark
Brian Segall
14 deals$175.2M volume
BROKER
George Martinecz
Newmark
George Martinecz
10 deals$66.9M volume
BROKER
Jack Terzi
JTRE Holdings
Jack Terzi
12 deals$101.1M volume
SELLER

Details

SOLD
IMAGE: 12/18/17 ADDRESS: 241 Fifth Avenue CITY: New York MARKET: Manhattan ASSET TYPE: Retail Condo PRICE: $10,800,000 SELLER: JTRE Holdings Jack Terzi BUYER: NYC Fifth Avenue Retail Holdings, LLC BROKER: @rkfretail – Brian Segall, Andrew Jacobs and George Martinecz

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