Falguni Patel Acquires Retail Property In Tribeca For $2.425M With Brokers Barry Fishbach & Andrew Stern - Newmark

A retail property located at 92 Chambers St. in Tribeca has been sold for $2,425,000. The property spans 2,290 square feet, resulting in a price per square foot of $1,058. The buyer of the property is Falguni Patel.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,425,000
• Address: 92 Chambers St.
• Market: Tribeca
• Square Footage: 2,290
• Price Per Square Foot: $1,058

Barry Fishbach and Andrew Stern from Newmark represented both the buyer, Falguni Patel, and the seller in this transaction. This marks Andrew Stern's 93rd commercial deal in Tribeca and his 36th deal in Tribeca since the start of the Covid pandemic. Barry Fishbach and Andrew Stern's collaboration on this deal was greatly appreciated by both the seller and the buyer.