Klosed LLC has closed on the sale of a retail condominium at 302 Broome St. The subject property is a 3,950 s/f retail condominium located in the Lower East Side. The property has a significant amount of upside due to the gentrification of the surrounding neighborhood.
Klosed was represented by Michael Hayes of Boxers Realty. Meanwhile, the seller was represented by Michael DeCheser and Darragh Clarke of Massey Knakal Realty Services. The sales price was $1.726 million.
This closing marks their 6th retail acquisition of the year and 5th retail condominium in their portfolio.
NY Metro: Actively looking to acquire retail condos, grocery-anchored shopping centers, strip centers, medical office, and mixed use buildings. We are also acquiring properties NNN-leased to national tenants, including pharmacies, fast-food restaurants, shopping centers & banks.
Across the US: Commercial properties NNN-leased to national tenants, including pharmacies, fast-food restaurants, shopping centers & banks. We are also acquiring office buildings in strong locations.

Klosed Properties can close all-cash, without mortgage contingency within 21 days. Tags: