SOLD
Exodus Capital Sells Mixed-Use Property In Turtle Bay For $4.4M
355 E. 50th St
Mixed-use
6,960 SF
6,960 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Mixed-use
6,960 sqft
Located in Turtle Bay, the mixed-use property at 355 E. 50th St. has been sold in a transaction that closed on August 31, 2022. The property spans 6,960 square feet, with a price per square foot of $635. The sale price for the property was $4,425,000. The asset boasts 20 feet of frontage and is situated between 1st and 2nd Avenue. The property was delivered vacant at the time of closing, after being owned by Mark Otypka for over 30 years.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,425,000
- Address: 355 E. 50th St.
- Market: Turtle Bay
- Square footage: 6,960
- Price per square foot: $635
The sale of this property was facilitated by Justin Conway, Haley Hasho, and Simba Conway of Exodus Capital. With their expertise and guidance, the property was successfully transferred to its new owner. Follow Exodus Capital on Instagram at @exoduscapital.cre for updates on their future ventures.
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3
Agents
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1
Details
SOLD
IMAGE: Haley Hasho, Simba Conway & Justin Conway
DATE: 08/31/2022
ADDRESS: 355 E. 50th St.
MARKET: Turtle Bay
ASSET TYPE: Mixed-use
SELLER: Mark Otypka
BROKERS: Justin Conway (@ConwayKeepsClosing), Haley Hasho (@HaleyHasho) & Simba Conway (@Simba.Conway) - Exodus Capital (@ExodusCapital.CRE)
SALE PRICE: $4,425,000
SF: 6,960 ~ PPSF: $635
NOTE FROM BROKER: 20 feet of frontage located between 1st & 2nd Avenue. 30+ years of ownership & delivered vacant at closing. Follow us at @exoduscapital.cre as we continue to launch more product.View on map
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Address355 E. 50th St
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