Cushman & Wakefield Brokers $24.3 Million Sale of Retail Property in Manhattan

by Katie Sloan

New York City— Cushman & Wakefield has brokered the sale of a retail condominium located in Manhattan’s East Village.

The 15,311-square-foot property sold for $24.3 million, or $1,590 per square foot, and features more than 200 feet of wraparound frontage. The property is currently divided into three separate spaces on the ground floor and basement. Additionally, the property is undergoing renovation to include an additional 1,314 square feet of retail space. James Nelson and Bob Knakal of Cushman & Wakefield negotiated the transaction. The seller was Benchmark, but the name of the buyer was not released.

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