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501 Broadway
SOLD

Postal Realty Trust Acquires Retail Property On 501 Broadway In San Francisco For $4.8M

501 Broadway

Retail
8,000 SF
clock iconSold 1 year ago
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Summary

Sale
CALIFORNIA
Retail
8,000 sqft

The retail property located at 501 Broadway in San Francisco has been sold in a transaction. The sale took place on 05/19/2022 and involved a total area of 8,000 square feet. The property was sold for a price of $4,825,000, resulting in a price per square foot of $603.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $4,825,000
  • Address: 501 Broadway, San Francisco
  • Market: San Francisco

The buyer of the property is Postal Realty Trust, represented by Rafi Harel and Jason Sakeni. Postal Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) focused on properties leased to the USPS. Their portfolio consists of 1,500 properties, including both local post offices and large mail processing facilities.

The seller of the property, 501 Broadway, is Jay Benjamin.

For any inquiries or questions related to postal properties, you can reach out to the buyer's representatives:

Details

Deal Summary
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SOLD
IMAGE: Jason Sakeni & Rafi Harel DATE: 05/19/2022 ADDRESS: 501 Broadway MARKET: San Francisco ASSET TYPE: Retail BUYER: Postal Realty Trust (@PostalRealtyTrust) - Rafi Harel & Jason Sakeni SELLER: Jay Benjamin SALE PRICE: $4,825,000 SF: 8,000 ~ PPSF: $603 NOTE FROM BUYER: Postal Realty Trust, Inc. (NYSE: PSTL) is the first-of-its-kind and only publicly traded real estate investment trust (REIT) focused on properties leased to the USPS. Our geographically diverse portfolio of 1,500 properties consists of those from your hometown post office to large industrial mail processing facilities. Whether you’re a postal owner or broker, please do not hesitate to contact us with any questions: Rafi Harel [email protected] 646.933.3270 Jason Sakeni [email protected] 646.757.8288

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Address501 Broadway

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