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Brokerage
Posted: February 13, 2012
Edan and Ofer Cohen of Itzhaki Properties broker $5.3 million sale of mixed-use building; St. Marks Place has 16 apartments and a ground-floor Pinkberry
According to Itzhaki Properties, 24 St. Mark's Place has a new landlord. The East Village, six-story mixed-use walk-up apartment building, built 12,374 s/f traded for $5.3 million which represented a 12 gross rent multiple.
The property consists of 16 apartments and one ground-floor retail unit, occupied by Pinkberry. Itzhaki Properties was the sole broker in the transaction. Itzhaki's Edan Cohen represented the buyer (a private investor) and Ofer Cohen represented the seller.
Itzhaki is a full-service commercial investment brokerage firm that provides comprehensive and innovative real estate solutions to investors, property owners, and corps. world-wide.
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