SOLD
Delshah Capital Acquires Mixed-Use Property In Lower East Side For $8.5M
119 Orchard Street (AKA 120 Allen Street)
Mixed-use
16,500 SF
16,500 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Mixed-use
16,500 sqft
A mixed-use property located at 119 Orchard St. (also known as 120 Allen St.) in the Lower East Side was recently sold for $8,500,000. The property spans 16,500 square feet, resulting in a price per square foot of $515. The sale took place on April 9, 2021.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $8,500,000
- Address: 119 Orchard St. (aka 120 Allen St.)
- Market: Lower East Side
The buyer of the property was Delshah Capital, with Michael Shah representing the company. The seller was Shimon Avadi. The sale was facilitated by brokers Michael F. DeCheser and Bryan F. Hurley from Team Decheser at CushWake.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Michael Shah, Bryan F. Hurley (@BFHurley3) & @MichaelFDeCheser
DATE: 04/09/2021
ADDRESS: 119 Orchard St. (AKA 120 Allen St.)
MARKET: Lower East Side
ASSET TYPE: Mixed-use
BUYER: Delshah Capital - Michael Shah
SELLER: Shimon Avadi
BROKERS: Michael F. DeCheser & Bryan F. Hurley @Team_Decheser @CushWake
SALE PRICE: $8,500,000
SF: 16,500 ~ PPSF: $515View on map
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Address119 Orchard Street (AKA 120 Allen Street)
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