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NYC Fifth Avenue Retail Holdings Acquires Retail Condo In Manhattan For $10.8M

241 Fifth Avenue
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This Retail property located in NY was sold over 6 years ago. The brokers of the deal were George Martinecz, Brian Segall, and Andrew Jacobs

The retail condo located at 241 Fifth Avenue in Manhattan has been sold for a price of $10,800,000. The property, owned by JTRE Holdings Jack Terzi, was purchased by NYC Fifth Avenue Retail Holdings, LLC, a buyer represented by the brokers @rkfretail – Brian Segall, Andrew Jacobs, and George Martinecz.

Summary of Transaction Details

  • Property Type: Retail Condo
  • Transaction Amount: $10,800,000
  • Seller: JTRE Holdings Jack Terzi
  • Buyer: NYC Fifth Avenue Retail Holdings, LLC
  • Brokers: @rkfretail – Brian Segall, Andrew Jacobs, and George Martinecz

The involvement of @rkfretail – Brian Segall, Andrew Jacobs, and George Martinecz as brokers highlights their role in facilitating the transaction. Their expertise and representation helped in bringing the seller and buyer together for this property deal.

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Deals
  • Location
    241 5th Ave, New York, NY 10016, USA241 5th Ave, New York, NY 10016, USA
  • Area
    2,706 SF2,706 SF
  • Asset Type
    RetailRetail
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

George Martinecz

George Martinecz

Deals9
Sold$61.6M

Brian Segall

Brian Segall

Deals10
Sold$158.3M

Agencies

Newmark

Newmark

Agency
Deals3891
Volume$397.4B

Berkshire Hathaway HomeServices

Berkshire Hathaway HomeServices

Agency
Deals550
Volume$3B

Deal Summary

DATE: 12/18/17 ADDRESS: 241 Fifth Avenue CITY: New York MARKET: Manhattan ASSET TYPE: Retail Condo PRICE: $10,800,000 SELLER: JTRE Holdings Jack Terzi BUYER: NYC Fifth Avenue Retail Holdings, LLC BROKER: @rkfretail – Brian Segall, Andrew Jacobs and George Martinecz

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241 Fifth Avenue

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