Stav Equities sells 1,900 s/f retail condo for $2.3 million

Manhattan, NY A 1,900 s/f retail condo, located at 174 Duane St. in TriBeCa, has sold for $2.3 million.

The tenant is Bibhu Mohapatra, a fashion and costume designer.

The property was sold off-market, demonstrating the demand for premium retail assets in downtown. Jacob Stavsky, founding partner of Stav Equities LLC, represented the seller, while Nathan Horne of Compass represented the buyer, a 1031 exchange purchaser.

The sale of 174 Duane St. highlights the demand for retail space in prime locations. The property’s charm, coupled with its modern amenities and tenant, makes it an attractive destination for businesses and customers alike. TriBeCa continues to be a hub for retail and commercial activity, with its unique blend of historic architecture, trendy restaurants, and upscale boutiques.

Tags: Brokerage

Reprint

Previous Story Next Story

Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn

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.

Investment Property Realty Group’s Team Friedman brokers seven Bronx closings totaling $12.07 million

IPRG’s Team Friedman brokers 7 Bronx closings totaling $12.07m

Highcap Group sells Astoria 17 unit elevatored apartment building

OPEN Impact R.E. helps Coney Island Prep. secure 39-year leasehold condominium for new 45,190 s/f high school

OPEN Impact helps Coney Island Prep. secure leasehold condo. for new high school

New York restaurant group acquires Upper West Side retail co-op for $4.135 million in deal arranged by Lee & Associates NYC

N.Y. restaurant group acquires Upper West Side retail co-op for $4.135m in deal arranged by Lee & Associates NYC

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Brokerage

Bow, Romeo and Caliban of The Durst Organization sign 11,223 s/f of leases at 1133 Avenue of the Americas

Columns and Thought Leadership

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing