Karen Heidgerd And Deborah Bayazit Acquire Retail Property At 641 Amsterdam Avenue For $3.8M

The retail asset at 641 Amsterdam Avenue in the Upper West Side was sold for $3,800,000. The total square footage of the property is 5,490, resulting in a price per square foot of $692. The property comprises two commercial units: Commercial A with 2,161 square feet at grade and 1,952 square feet in the cellar, and Commercial B with 661 square feet at grade and 716 square feet in the cellar.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,800,000
• Buyer: Karen Heidgerd & Deborah Bayazit
• Seller: SPI Holdings - Gary Miranda & Dennis Wong
• Broker: Matthew Marshall - Marshall Real Estate

The transaction was facilitated by Matthew Marshall, representing the broker in this deal. The buyers, Karen Heidgerd and Deborah Bayazit, acquired the two commercial units from the sellers, SPI Holdings, represented by Gary Miranda and Dennis Wong.