SOLD
Metro Management Development Sells Mixed-Use Property In Chelsea For $17.5M
191-197 Seventh Avenue
Mixed-use
34,090 SF
34,090 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Mixed-use
34,090 sqft
The mixed-use property located at 191-197 Seventh Ave. in Chelsea has been sold for a total price of $17,500,000. The property spans a total area of 34,090 square feet, resulting in a price per square foot of $513. The asset is zoned as R8A and C2-5, allowing for a variety of uses.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $17,500,000
- Address: 191-197 Seventh Ave.
- Market: Chelsea
- Zoning: R8A, C2-5
The seller of the property was Metro Management Development. The deal was facilitated by Cushman & Wakefield, with the following brokers involved: Rob Shapiro, Andrew Berry, Michael Gembecki, Charlie Gravina, Austin Fabel, and Nicholas Kontos.
Players
All
7
Agents
6
Agencies
1
Details
SOLD
IMAGE: Austin Fabel, Andrew Berry, Rob Shapiro, Michael Gembecki, Charlie Gravina, & Nicholas Kontos
DATE: 10/12/2021
ADDRESS: 191-197 Seventh Ave.
MARKET: Chelsea
ASSET TYPE: Mixed-use ~ ZONING: R8A, C2-5
SELLER: Metro Management Development
BROKERS: Rob Shapiro (@RMShapiro), Andrew Berry (@ATBerry3), Michael Gembecki, Charlie Gravina (@Chuckee_G), Austin Fabel (@AsF2196) & Nicholas Kontos (@NAKontos) - Cushman & Wakefield (@CushWake)
SALE PRICE: $17,500,000
SF: 34,090 ~ PPSF: $513View on map
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Address191-197 Seventh Avenue
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