Little Italy Condo Sells for $2.8M

Jay Newman buys 1,668 SF condo in Little Italy from Jacob Zand for $2.8M

By on Mar 3, 2021
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Little Italy Condo Sells for $2.8M

Jay Newman, a prominent investor in New York City real estate, has purchased a 1,668 SF condo in Little Italy for 2.8M. The property, located at 136 Baxter Street, #5A, was listed for 2.95M and sold for $1,693 per square foot. The seller was Jacob Zand.

The condo features two bedrooms and two bathrooms, as well as a private balcony. The building offers a 24-hour doorman, a fitness center, and a rooftop terrace with stunning views of the city.

The deal was brokered by Ohad Fisherman and Ginette Behar of Societe Real Estate, a privately run bespoke real estate agency. Fisherman and Behar specialize in representing buyers and sellers in South Florida and New York.

Little Italy is a vibrant neighborhood in Manhattan known for its Italian heritage and charming streets lined with cafes and restaurants. The area has seen a surge in development in recent years, with new luxury condos and apartments popping up alongside historic buildings.

Newman, who has a long history of successful real estate investments in New York City, is likely to see a strong return on his investment in the Little Italy condo. With its prime location and high-end amenities, the property is sure to be in high demand among buyers and renters alike.