Elliot Antebi’s Ellemark Management pays $14M to Semmes Brightman’s MIB Real Estate Enterprises for residential property in East Village

December 5, 2019 7:18 am

Elliot Antebi’s Ellemark Management through the entity 169-171 Bh LLC paid Semmes Brightman’s MIB Real Estate Enterprises’s Mib Real Estate Enterprises, LLC $14.0 million for 171 1st Avenue, 169 1st Avenue in East Village. The deal closed on November 25, 2019, and was recorded on December 4, 2019. The transaction consists of 2 parcels, including the tax class primarily four family with store or office (S4) and containing 5 residential units. The property is 10,425 square feet. The parcel(s) have total development potential of 19,696 square feet.
The average sale price per square foot is $711.

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