1403 2nd Avenue LLC Acquires Walk-up In Manhattan For $12M | 1403 2nd Avenue | Guthrie Garvin, Alexander Ball | Mixed-use | Sale

Summary

Sale

NEW YORK

Mixed-use

9,580 sqft

A walk-up property with over six families and stores located at 1403 2nd Avenue in Manhattan, New York has been sold. The transaction took place on December 14, 2017. The property spans a total of 9,580 square feet and has 17 units. The sale price was recorded at $12,000,000, resulting in a price per square foot of $1,253.

Summary of transaction details:

Property Type: Walk-up, Over Six Families With Stores
Sale Date: 12/14/17
Address: 1403 2nd Avenue
City: New York
Market: Manhattan
Units: 17
Buyer: 1403 2nd Avenue LLC
Seller: Salt Equities - Sal Smeke and Michael Wahba
Seller's Broker: Cushman and Wakefield Team of Guthrie Garvin, Michael Gembecki, and Alexander Ball
Price: $12,000,000
SF: 9,580
PPSF: $1,253

The seller's representation in this transaction was provided by the Cushman and Wakefield Team, consisting of Guthrie Garvin, Michael Gembecki, and Alexander Ball.

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Players

All
3

Agents
2
Agencies
1

$527.4M Sold

$62.1M Sold

Details

Deal Summary

SOLD

IMAGE: 12/14/17 ADDRESS: 1403 2nd Avenue CITY: New York MARKET: Manhattan CROSS STREET: 73rd st. & 2nd Ave ASSET TYPE: Walk-up, Over Six Families With Stores BUYER: 1403 2nd Avenue LLC SELLER: Salt Equities - Sal Smeke and Michael Wahba SELLER’S BROKER: Cushman and Wakefield Team of Guthrie Garvin @guthriegarvin, Michael Gembecki, and Alexander Ball @ballsesh PRICE: $12,000,000 SF: 9,580 ~ PPSF: $1,253 UNITS: 17

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Address1403 2nd Avenue

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