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Gil Galiai Acquires Retail Condo On Upper East Side For $7.5M

1160 Third Avenue
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This Retail property located in NY was sold for $7,500,000 almost 4 years ago. The brokers of the deal were Hunter Moss and Brad Jones

A retail condo located at 1160 Third Avenue in the Upper East Side has been sold for a price of $7,500,000. The property spans across 7,352 square feet, resulting in a price per square foot of $1,020.

Summary of transaction details:

  • Property Type: Retail Condo
  • Transaction Amount: $7,500,000
  • Address: 1160 Third Avenue
  • Market: Upper East Side
  • Square Footage: 7,352
  • Price per Square Foot: $1,020

The retail condo was purchased by Gil Galiai, while the seller was The Larsen Family. The deal was facilitated by Hunter Moss & Brad Jones from Cushman & Wakefield.

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Deals
  • Location
    1160 3rd Ave, New York, NY 10065, USA1160 3rd Ave, New York, NY 10065, USA
  • Sale Price
    $7,500,000$7,500,000
    $102 PPSF$102 PPSF
  • Area
    73,520 SF73,520 SF
  • Asset Type
    RetailRetail
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Hunter Moss

Hunter Moss

Deals9
Sold$92.5M

Agency

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4190
Volume$167B

Deal Summary

IMAGE: Hunter Moss & Brad Jones DATE: 06/03/2020 ADDRESS: 1160 Third Avenue MARKET: Upper East Side ASSET TYPE: Retail Condo SALE PRICE: $7,500,000 SF: 7,352 PPSF: $1,020 SELLER: The Larsen Family BUYER: Gil Galiai BROKERS: Hunter Moss & Brad Jones – Cushman & Wakefield (@BuildingInvestmentSales)

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