Guarino and Smith of Friedman-Roth Realty collaborate in $8.3 million sale

January 08, 2019 - Front Section
Richard Guarino,
Friedman-Roth.

 

Joseph Smith,
Friedman-Roth

 

Manhattan, NY Friedman-Roth Realty Services completed the sale of 133 Ave. D in the East Village neighborhood. The deal closed at a sale price of $8.3 million (or $450 per s/f) with a GRM of 13.9 and a CAP rate of 4.37%. 

This property was exclusively listed by Richard Guarino, a partner at Friedman-Roth, on behalf of the seller, Vintage Properties. 

The purchaser, Tom Higgins and Dan Shapiro was procured by Joseph Smith of Friedman-Roth.