Larry Botel's Joss Realty Partners Acquires Mixed-Use Property In Philadelphia's Fishtown For $11.2M

Joss Realty Partners has acquired three adjacent residential and commercial buildings in Philadelphia's booming Fishtown neighborhood for $11.2 million. The properties, located at 1412-22 Frankford Avenue, offer a mixed-use space, providing a combination of residential and commercial units. With a total square footage of 27,760, the average price per square foot comes to $403. This significant acquisition by Joss Realty Partners showcases their commitment to investing in the thriving Philadelphia market.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $11,200,000
• Square Footage: 27,760
• Price per Square Foot: $403
• Address: 1412-22 Frankford Avenue, Philadelphia, PA
• Market: Philadelphia, PA

Leading the transaction is Larry Botel, representing Joss Realty Partners as the buyer. His involvement in this deal demonstrates his expertise in navigating the real estate market and identifying prime investment opportunities. The acquisition of the three adjacent buildings further expands Joss Realty Partners' portfolio and solidifies their presence in the Fishtown neighborhood, known for its rapid development and growth.