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New York & Tri-State  + Downtown New York  + Apartments  | 
Cushman & Wakefield arranged the sale of 14 Maiden Lane, a mixed-use property in Manhattan's Financial District, for $9.5 million

Mixed-Use Fetches $10M in Financial District 

Cushman & Wakefield arranged the $9.5-million sale of a 14,654-square-foot mixed-use asset located at 14 Maiden Ln. in the Financial District. The firm’s Michael F. DeCheser, Bryan F. Hurley, Maurice Suede and Daniel Soyak represented the seller, Michele Kahn (as receiver).  The property was acquired by Duane 131, LLC.  
 
“14 Maiden Ln. offered investors the opportunity to acquire a mixed-use elevator loft building in a convenient location,” said DeCheser.  “We saw significant interest in this property, leading to multiple qualified buyers vying for the asset. Ultimately, an international group prevailed.” 
 
Completed in 1894 and formerly known as the Diamond Exchange, 14 Maiden Ln. is a 10-unit, mixed-use, elevator loft building.  The ground floor features commercial space, while floors two through 10 contain nine loft-style apartments.  
 
The property is within walking distance of the Fulton Street subway station serviced by the A, C, J, Z, 2, 3, 4 and 5 trains. 

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Inside The Story

Cushman & Wakefield's DeCheser

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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