138 East 12th Street Update 11/10/22

East Village Mixed-Use Trades for $56.75M

A 9-story mixed-use building, located at 138 East 12th Street in Manhattan's East Village, has just been sold for $56.75 million. The structure was acquired by The Westover Companies from the previous owner, Wafra, in a deal brokered by JLL.

Known as "The Nathaniel", it was completed in 2014 and contains  luxury apartments. Units are available in studio, one, two, and three-bedroom configurations.

Tenant amenities include a roof deck with a reflecting pool, a fitness center, a lounge known as the "Nathaniel Club", and a bicycle storage area.

In addition to residential units, the building offers square feet of retail space. Spanning the ground floor and the basement level, this is currently occupied by a Westside Market location.

Managed by Rose Associates, The Nathaniel stands feet tall and totals square feet. The building is positioned less than a third of a mile from 5-different subway stations, providing residents with easy access to multiple lines.

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