Steve Samandarov Purchases Retail Condominium At 57 Bond Street For $5.46M From NOHO Associates
The property involved in this transaction is located at 57 Bond Street in the Noho market, comprising a retail condominium of 4,114 square feet. The asset includes 2,510 square feet on Grade and an additional 1,604 square feet in the Lower Level. The sale was finalized at a price of $5,460,000, translating to a price per square foot of $1,327.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,460,000
- Address: 57 Bond Street
- Market: Noho
- Total Square Footage: 4,114
- Price per Square Foot: $1,327
- Buyer: Steve Samandarov
- Seller: NOHO Associates
- Broker: Matthew Marshall – Marshall Real Estate
Matthew Marshall represented the seller in this transaction. As part of the deal, there was a CMBS Loan assumption involved. Marshall Real Estate has successfully completed three CMBS Loan assumption deals within the past 16 months.
DATE: 10/30/2024
ADDRESS: 57 Bond Street
MARKET: Noho
ASSET TYPE: Retail
BUYER: Steve Samandarov
SELLER: NOHO Associates
BROKER: Matthew Marshall (@MRENYC) – Marshall Real Estate
SALE PRICE: $5,460,000
SF: 4,114
~ PPSF: $1,327
NOTE FROM BROKER: 57 Bond Street, Retail Condominium, included 2510 SF on Grade with additional 1,604 SF in the Lower Level. As part of the transaction there was a CMBS Loan assumption. Marshall Real Estate has successfully completed three CMBS Loan assumption deals within the past 16 months.