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1 Crosby Street
Manhattan
Northeast Corner of Howard Street
Building Sale
Beretta, the Italian firearm manufacturers, purchased a 5-story cast iron building.
The creative tenants paying great rents, along with the post-Civil War cast iron corner façade, pushed the value to $1,977 per SF, for 11,000 SF.
This is a record-breaking sale in the midst of the Covid-19 pandemic.
The building was off the market.
Sale Price: $21,750,000