News:
Brokerage
Posted: January 14, 2025
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
MORE FROM Brokerage
Residential real estate consultancy and brokerage firm Nancy Packes, Inc. rebrands as NPI
Manhattan, NY The NYC-based premier residential real estate consultancy and brokerage firm, Nancy Packes Inc., has rebranded as NPI. Helmed by Seth Rosner, most recently the firm’s managing partner and now president, the company has been intricately involved in hundreds of Tri-State new developments and conversions, spearheading the full project life cycle, from assessment/pre-dev.
Quick Hits
 (2).gif)
Columns and Thought Leadership
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
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
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.
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
.gif)