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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.
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