Massuci Family Sells Mixed-use Property In Midtown West For $10M

The mixed-use property located at 729-731 Ninth Avenue & 404 West 50th Street in Midtown West, Manhattan, has been sold. The transaction took place on 05/10/2022 and was facilitated by brokers Joe Koicim and Logan Markley from Marcus & Millichap. The property was sold by the Massuci Family to an undisclosed buyer for a price of $10,000,000. The property spans a total area of 23,203 square feet, resulting in a price per square foot of $430.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $10,000,000
• Date: 05/10/2022
• Address: 729-731 Ninth Avenue & 404 West 50th Street
• Market: Midtown West, Manhattan
• Brokers: Joe Koicim & Logan Markley - Marcus & Millichap
• Size: 23,203 square feet
• Price per Square Foot: $430

The identity of the buyer remains undisclosed. However, the seller, Massuci Family, successfully concluded the transaction with the assistance of their brokers, Joe Koicim and Logan Markley from Marcus & Millichap.