NEW YORK—DelShah Capital LLC has completed the acquisition of 58-60 Ninth Ave. in Manhattan’s Meatpacking District from Icon Realty Management for $18.2 million. Eastern Consolidated’s David Schechtman brokered the transaction.
Comprised of 10,839 sq. ft. of space, the property includes 34 ft. of frontage on Ninth Avenue and is currently home to Pop Burger, which will shutter in the near-term.
Jon Krieger of RKF will serve as leasing agent for the property.
DelShah Capital owns and operates a 2 million-sq.-ft. commercial real estate portfolio throughout New York City.