Simon Liu Acquires Retail Property From KSR Capital In Chelsea For $3.1M

The property asset involved in the transaction is a retail space located at 362 8th Avenue in Chelsea. The sale price for this asset was $3,100,000. It comprises a total square footage of 3,600, resulting in a price per square foot of $861.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,100,000
• Buyer: Simon Liu
• Seller: KSR Capital
• Broker: Marc Sitt - KSR

This transaction was facilitated by broker Marc Sitt, who represents KSR, the selling party in this deal. The involvement of Simon Liu as the buyer highlights the active interest in retail properties within the Chelsea market.