Real estate investment and development firm B+B Capital, founded by Keller Williams NYC co-founders Ilan Bracha and Haim Binstock, picked up a three-level retail condominium at 377 Broadway for $10 million.
The 15,000-square-foot property, purchased from private equity fund Cooper Investment Partners, is rumored to be the possible location of Keller Williams New York’s Downtown office, a source told The Real Deal.
Bracha, acting as a KWNYC broker, represented the buyer in the transaction, while Amir Aframian and Edan Cohen of EPIC Commercial Realty represented the seller.
“377 Broadway is located in an evolving neighborhood that is becoming hotter by the minute, making this property an attractive investment opportunity,” Bracha said in a statement. “This neighborhood south of Canal Street continues to evolve with a number of new developments and storefronts. The area is still in its infancy... [READ MORE]