Japanese firm pays $6.4M for property in West Village

Japanese investment firm Pineland Co., Ltd. paid Nancy Beaumont’s 388 Bleecker LLC $6.4 million for 388 Bleecker Street in West Village. The deal closed on November 13, 2020, and was recorded on December 1, 2020. The transaction consists of 1 parcel, including the tax class primarily three family with store or office (S3) and containing 3 residential units. The property is 3,050 square feet. The parcel(s) have total development potential of 3,050 square feet.
The average sale price per square foot is $2,082.

The contract date was October 7, 2020. Pineland is a Japanese real estate investment company. The property is at the local address of Otsubo Realty.

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