Jemal Family And Cohen Family Acquire Retail Property In Manhattan For $8.7M

The retail property located at 3801 Broadway in Manhattan has been sold in a recent transaction. The property spans a total area of 14,966 square feet. The sale price for this retail asset was $8,700,000, resulting in a price per square foot of $581.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $8,700,000
• Address: 3801 Broadway, Manhattan
• Market: Manhattan
• Buyer: Jemal Family & Cohen Family
• Seller: Dynamic Broadway Corp. - Martin Osinski & Partners
• Brokers: Ron Solarz, Alan Jemal & Brian Segall - Newmark

The buyer in this transaction was represented by Ron Solarz, Alan Jemal, and Brian Segall from Newmark. On the other hand, the seller was Dynamic Broadway Corp., led by Martin Osinski & Partners.