{"id":1004386559,"date":"2020-01-30T05:23:37","date_gmt":"2020-01-30T13:23:37","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004386559"},"modified":"2025-02-27T21:49:32","modified_gmt":"2025-02-28T05:49:32","slug":"boulder-group-brokers-sale-of-7-eleven-in-manhattan","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/boulder-group-brokers-sale-of-7-eleven-in-manhattan\/","title":{"rendered":"Boulder Group Brokers Sale of 7-Eleven in Manhattan"},"content":{"rendered":"
\"\"<\/a>

7-Eleven. Image courtesy of The Boulder Group<\/i><\/p><\/div>\n

Shortly after negotiating the sale of a CVS property<\/a> in Bridgeport, Conn., The Boulder Group has arranged the disposition of a 2,156-square-foot retail property in Lower Manhattan. Eagle Rock Properties sold the asset for $6.9 million to a private investor. Public records show that the building last traded in 2019, when the seller acquired it from HK Organization for $4.6 million.<\/p>\n

Located at 351 Bowery, in a densely populated area on the border of Noho and East Village, the transit-oriented property is situated at the base of a fifteen-story residential community. More than 1.1 million people with an average household income of $158,000 live in a three-mile radius. Additionally, the building is in close proximity to New York University and various other retail opportunities.<\/p>\n

The brokerage team that represented the seller included The Boulder Group\u2019s President Randy Blankstein and Senior Vice President John Feeney.<\/p>\n

Built in 2007, the store is a condominium unit net leased to 7-Eleven. The national retailer extended its lease in 2019, with contract terms featuring a 10 percent rent increase every five years.<\/p>\n

If you\u2019d like to be featured in Brokers\u2019 Corner, simply fill in our short form<\/a><\/strong> or send your deal to deals@cpe-mhn.com<\/strong><\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Randy Blankstein and John Feeney facilitated the deal on behalf of the seller.<\/p>\n","protected":false},"author":867,"featured_media":1004365520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,1600,21742,10,21749],"tags":[34436,48590,47078,33428,32940],"class_list":["post-1004386559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-new-york","category-latest","category-northeast","category-retail","tag-7-eleven","tag-eagle-rock-properties","tag-john-feeney","tag-randy-blankstein","tag-the-boulder-group"],"acf":[],"yoast_head":"\nBoulder Group Brokers Sale of 7-Eleven in Manhattan - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/boulder-group-brokers-sale-of-7-eleven-in-manhattan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Boulder Group Brokers Sale of 7-Eleven in Manhattan\" \/>\n<meta property=\"og:description\" content=\"Randy Blankstein and John Feeney facilitated the deal on behalf of the seller.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/boulder-group-brokers-sale-of-7-eleven-in-manhattan\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-30T13:23:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-28T05:49:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/CPE-Brokers-Corner-827x400.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"827\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Pavel Cazacu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/boulder-group-brokers-sale-of-7-eleven-in-manhattan\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/boulder-group-brokers-sale-of-7-eleven-in-manhattan\/\",\"name\":\"Boulder Group Brokers Sale of 7-Eleven in Manhattan - 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