advanced search
114 East 13th Street|Sales|05/22/2006
- Event Sales
- Building Name American Felt Building
- Address 114 East 13th Street
- Square feet 3,041
- Price $ 1,500,000
- Price per foot $ 493.26
- Borough Manhattan
- Neighborhood East Village
- Publication Date 07/01/2006
- Deal Date 05/22/2006
- Party 1 Brokerage Massey Knakal Realty Services
- Party 1 Broker James Nelson
- Party 2 Local investor
- Party 2 Brokerage Massey Knakal Realty Services, Menkin Realty Services
- Party 2 Broker James Nelson
notes
The ground-floor commercial condominium sold for $1.5 million, which represents a capitalization rate of 5.5 percent, a per square foot price of $493.26, and a gross rent multiple of 10. The buyer will use the space for his filming business.