SOLD
Elite Investigations Acquires Mixed-Use Property In Manhattan's East Harlem For $2.1M
352 East 116th Street
Mixed-use
38,850 SF
38,850 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Mixed-use
38,850 sqft
The mixed-use property located at 352 East 116th Street in Manhattan's East Harlem neighborhood has been sold in a closed transaction. The property spans a total of 3,885 square feet and was sold for a price of $2,100,000, resulting in a price per square foot of $540.54. The sale was accompanied by a capitalization rate of 5.46%.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $2,100,000
- Square Footage: 3,885
- Price Per Square Foot: $540.54
- Capitalization Rate: 5.46%
The buyer of the property is Elite Investigations, represented by Joseph Saponaro. On the other hand, the seller is Anibal Gomez. The transaction was facilitated by the brokers Matt Fotis and Robert Aaron from Marcus & Millichap, along with Josh Nazar from VCPRE.
Players
Details
SOLD
IMAGE: @JoshNazar, @MattFotis and Robert Aaron
DATE: 06/03/2019
ADDRESS: 352 East 116th Street
MARKET: Manhattan, East Harlem
ASSET TYPE: Mixed-use
SALE PRICE: $2,100,000
SF: 3,885
PPSF: $540.54.54
CAP RATE: 5.46%
BUYER: Elite Investigations – Joseph Saponaro
SELLER: Anibal Gomez
BROKERS: Matt Fotis & Robert Aaron – Marcus & Millichap, Josh Nazar – VCPREView on map
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Address352 East 116th Street
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