A commercial condominium unit at The Cove Club Retail at 2 South End Avenue C-1, located in Manhattan’s Battery Park, was sold in an all cash transaction valued at $3,600,000.
The condo unit consists of three retail units within a nine-story condominium building that covers an entire street block. The units are currently occupied by a national tenant – Kumon Learning Center, a dry cleaner and a local ballet school. The unit is approximately 3,785 square feet. The sale price equates to approximately $950 per square foot.
An additional 13,400 square foot unit is also available in the building; the asking price is $6,500,000.
“A new 125,000 square foot public school just opened its doors a block away at 55 Battery Place, bringing additional foot traffic to the property,” said Massey Knakal Director of Sales Nick Petkoff who exclusively represented the seller in this transaction.
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Neighborhoods: TriBeCa