News:
Brokerage
Posted: January 30, 2024
JLL sells 200 Mott St.
Manhattan, NY JLL Capital Markets sold 200 Mott St., a seven story, mixed-use walk-up building in Nolita.
JLL represented the seller, a private owner, and the buyer, a private investor. The sale price was $7.55 million.
200 Mott St. is a 14,000 s/f, seven-story building configured as 26 apartments and one retail space occupied by the popular Italian restaurant, Epistrophy. The apartments consist of a mix of one and two-bedrooms.
The property is bounded on the west by Soho, on the south by Little Italy, on the east by the Lower East Side and on the north by Noho. The neighborhood features bars, restaurants and nightlife New York City has to offer and is easily accessible via the B,D,F,M and 6 trains.
The JLL Capital Markets investment sales advisory team was led by managing directors Hall Oster and Guthrie Garvin, vice presidents Teddy Galligan and Conrad Martin, associate Braedon Gait and analyst Bradford Burton.
Tags:
Brokerage
MORE FROM Brokerage
NAI Long Island achieves 100% occupancy at two Suffolk County office assets
Hauppauge, NY NAI Long Island, an affiliate of NAI Global, has achieved 100% occupancy at two Suffolk County office properties, totaling 50,689 s/f. These exclusive landlord leasing assignments involved 207
Columns and Thought Leadership
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: The total cost of relocation - by David Hunt
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence in lending - by Lindsay Mesh Lotito
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
.gif)
August Promotion
