Koicim, Lefkovits, Von Der Ahe and Grossman of Marcus & Millichap complete $14.73 million Nolita sale

Joe Koicim, Marcus & Millichap

Sean Lefkovits, Marcus & Millichap

Peter Von Der Ahe, Marcus & Millichap

232 Mott Street, Nolita -
Manhattan, NY

Manhattan, NY Marcus & Millichap has arranged the sale of 232 Mott St., a seven-story mixed-use elevator building in the Nolita neighborhood. The $14.73 million sales price equates to more than $1,900 per s/f.

“The building features five residential units that were recently renovated with high-end condominium-level finishes,” said Joe Koicim of Marcus & Millichap’s Manhattan office.

“The property is in a prime location, which is what attracted our 1031-exchange buyer,” said Sean Lefkovits, also of the firm’s Manhattan office.

Koicim and Lefkovits, along with Peter Von Der Ahe and Joshua Grossman arranged the transaction.

Located on Mott St. between Spring and Prince Sts., the building’s ground-floor retail component is occupied by Spazio Nail Salon. The second floor is a two-bedroom, full-floor loft with a terrace and balcony. Floors three, four and five are two-bedroom, full-floor lofts with two balconies, and floors six and seven are a two-bedroom duplex with three balconies and a terrace.