EVO Real Estate Group principals buy 12,000 s/f retail condo
Nathan Halegua, Ira Fishman, Joshua Halegua and Dana Moskowitz, the principals of EVO Real Estate Group, have purchased a retail condo of 12,000 s/f consisting of five restaurants at 132 Mulberry St., between Grand and Hester Sts. in Little Italy, according to Fishman, who serves as EVO's CEO.
Mulberry St. is the home of Feast of San Gennaro, a community celebration of faith and food held annually since 1926.
The EVO partners purchased the condo from SK Mulberry and are syndicating its ownership for their investors under an entity known as 132 Mulberry Partners LLC. EVO has served as leasing and managing agent for the property since 2001 and will continue in that role.
The restaurants that occupy the premises are Pellegrino's, Paesano, La Nonna and Umberto's Clam House.
"We have always felt that retail is a critical component of our property portfolio and our long-term strategy," said Fishman. "And this particular location is exceptional. It's in the center of an historic neighborhood that plays a prominent role in the city's culture and attracts extensive pedestrian traffic. The tenants at 132 Mulberry are doing very well."
One space is available there, Fishman said, containing 1,300 s/f and offering 25 ft. of frontage. For more information, please visit http://evo-re.com/listings/.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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