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Dunkin Donuts Acquires Mixed-Use Property In Kips Bay, Manhattan For $3.5M

597-601 2nd Avenue
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This Mixed-use property located in NY was sold for $3,500,000 almost 3 years ago. The brokers of the deal were Jack Moran, Sean R. Kelly, Howard Raber, and Matthew (Matt) Gillis

The mixed-use property located at 597-601 2nd Avenue in Kips Bay, Manhattan has been sold for a price of $3,500,000. The property spans across 2,701 square feet, resulting in a price per square foot of $1,296. The transaction took place on May 3, 2021.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $3,500,000
  • Address: 597-601 2nd Avenue
  • Market: Kips Bay, Manhattan

The deal was facilitated by brokers Howard Raber, Sean R. Kelly, Esq., Jack Moran, and Matthew Gillis from Ariel Property Advisors (ArielPA.NYC). Dunkin Donuts, a well-known tenant, is occupying the property.

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Deals
  • Location
    601 2nd Avenue, Manhattan, New York, NY, USA601 2nd Avenue, Manhattan, New York, NY, USA
  • Sale Price
    $3,500,000$3,500,000
    $1,295 PPSF$1,295 PPSF
  • Area
    2,701 SF2,701 SF
  • Asset Type
    Mixed-useMixed-use
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Jack Moran

Jack Moran

Deals5
Sold$42.5M

Agency

Ariel Property Advisors

Ariel Property Advisors

Agency
Deals456
Volume$7B

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Deal Summary

SALE IMAGE: Matthew Gillis, Sean R. Kelly, Esq., Howard Raber & Jack Moran DATE: 05/03/2021 ADDRESS: 597-601 2nd Avenue MARKET: Kips Bay, Manhattan ASSET TYPE: Mixed-use BROKERS: Howard Raber, Sean R. Kelly, Esq., Jack Moran & Matthew Gillis @ArielPA.NYC TENANT: @Dunkin Donuts 🍩 ☕️ SALE PRICE: $3,500,000 SF: 2,701 ~ PPSF: $1,296

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597-601 2nd Avenue

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