Shelley O’Keefe and Seema Aggarwal in Brokers Weekly

Have you heard…

October 19, 2011

Corcoran Group Marketing has just sold out 17 Orchard Street, the boutique Lower East Side condo conversion by developer Cardinal Investments.

The seven-unit building, a factory built in the 1920s, sold out in less than a year for total sales of $7,100,000. The average price per square foot was $824.

Corcoran Group Marketing senior vice president Shelley O’Keefe directed sales at the property with salesperson Seema Aggarwal.

“The Lower East Side has always offered restaurants, shopping, history and culture, but high-end condominiums are still in short supply,” said O’Keefe.

“Since our buyers were already spending so much time in the neighborhood, choosing to purchase here was an easy decision.”