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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.

