04 May The Pulse NOLA: Large single-family home portfolio sold

Posted at 09:14h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans.

Commercial Sales Recorded Last Week

1200 Poydras St (Retail Unit), New Orleans, LA 70113

Type: Retail
Price: $7,272,000 ($421.08 / SF)
Buyer: ANTANTA LLC
Elifin’s Notes: A Florida-based company acquires the first floor, a retail unit, of the building at 1200 Poydras Street.

840 Sherry Lane, Westwego, LA 70094

Type: Multifamily
Price: $3,700,000 ($59,677 / Unit)
Buyer: REYOLA HOMES LLC
Elifin’s Notes: A 62 single family home portfolio, within the same subdivision, sells in Westwego.

2401 Canal St, New Orleans, LA 70119

Type: Office
Price: $1,169,551 ($385.23 / SF)
Buyer: UNITED WAY OF SOUTHEAST LOUISIANA
Elifin’s Notes: An office property, formerly a bank, changes hands on Canal Street.

714, 716 Carondelet St; 730, 732 Girod St, New Orleans, LA 70130

Type: Mixed-Use
Price: $800,000 ($122.72 / SF)
Buyer: SANARO LLC
Elifin’s Notes: This 3-story commercial property sits as a shell and has been completely gutted.

1201 N Al Davis Rd, New Orleans, LA 70123

Type: Industrial
Price: $635,000 ($105.83 / SF)
Buyer: Diamond Distributing L.L.C.
Elifin’s Notes: An industrial-flex space sells in Elmwood.

2300 Chartres St, New Orleans, LA 70117

Type: Retail
Price: $555,000 ($161.62 / SF)
Buyer: 535 LLC
Elifin’s Notes: A commercial property, occupied by Marigny Studios, sells at the corner of Chartres and Marigny Street.

7190 Downman Rd, New Orleans, LA 70126

Type: Retail
Price: $300,000 ($38.52 / SF)
Buyer: LAZ PROPERTIES 1 LLC
Elifin’s Notes: A multi-tenant retail property sells on Downman Road.

11201 Old Gentilly Rd, New Orleans, LA 70129

Type: Industrial
Price: $300,000 ($14.47 / SF)
Buyer: Cordeiro Buildings Supplies, LLC
Elifin’s Notes: A commercial property sells featuring a ±13,600 SF warehouse, a ±3,500 SF storage shed, and a ±2,408 office space, on ±8.5 acres of land.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
365 Canal St Ste 3100	Renovation (Non-Structural) $7,341,076	Interior office renovation to include the construction of partitions, millwork, interior glazing & doors, plumbing, electrical, ceilings, lighting & finishes. Interior demo under permit #26-03914-DEMI.	[O] Ocp Office Owner LLC, Wilson Canal Place I LLC [A] Zach Smith Consulting & Design [C] DonahueFavret Contractors, Inc.
6500 Magazine St	Renovation (Structural) $7,032,499	LOCATED AT A SECTOR OF AUDUBON ZOO, THE PROJECT CONSISTS OF THE RENOVATION OF 3 EXISTING 1920’S BRICK BUILDINGS (ODENHEIMER ROTUNDA TO BE GETTING A NEW MUSEUM EXHIBIT, VACANT WEST BUILDING TO BE RENOVATED INTO AN ALDABRA TORTOISE EXHIBIT, AND THE EXISTING BATHROOM EAST BUILDING IS TO BE RENOVATED). ALSO, THERE IS A SMALL ADDITION PLANNED FOR THE SOUTH SIDE OF THE ODENHEIMER ROTUNDA BUILDING. IN ADDITION, THERE IS 1 NEW CONSTRUCTION BUILDING PLANNED (KOMODO DRAGON HOLDING). SITEWORK IS ALSO INCLUDED IN THIS PROJECT. THERE IS CIVIL, STORMWATER, MEP, STRUCTURAL, AND ANIMAL EXHIBIT SCOPE.	[O] The City Of New Orleans, Audubon Commission [A] Edr Architects [C] Woodward Design + Build
1122 Oretha Castle Haley Blvd -HM	New Construction $5,576,606	New 30-unit multifamily residential building. The project is an Affordable Planned Housing Development per Zoning Docket 036/25 and Ordinance No. 30478.	[O] 1122 Och LLC [A] Christian Westerman [C] Colmex Construction LLC
3014 Holiday Dr	Renovation (Non-Structural) $770,377	Roofing Replacement, HVAC Replacement, and HVAC Controls upgrades. All work to be done as per plans.	[O] The City Of New Orleans [A] Brian Miller [C] Blanchard Mechanical Contractors
5024 Pontchartrain Blvd	Electrical Service / Circuit / Feeder $478,000	Generator installation	[O] Orleans Country Club New [A] William C Ellis III [C] William C Ellis III
1438 Pine St	Renovation (Non-Structural) $380,000	The project generally consists of replacement of existing tiered, riser fixed seating with telescoping, tiered, riser seating, and required fire sprinkler system modifications, power, and lighting. The proposed seating system will provide for 282 seats, an increase of 24 seats from the existing 258 seats.	[O] Orleans Parish School Board [A] Mark Baum [C] Tania Hahn
508 Saint Peter St HM2	Mechanical HVAC $350,000	Removal of Existing Fluid Cooler and Pumps. Installation of New Fluid Cooler and Pumps.	[O] The City Of New Orleans [A] Harold Heidingsfelder [C] Harold Heidingsfelder
1483 Saux Ln -Apt B	New Construction $205,000	New construction of a small multi-family residential development consisting of two (2) dwelling buildings with a total of four (4) units under the Small Multi-Family Housing Affordable (SMFA) Act. Unit mix includes two (3-bedroom, 2-bath) units and two (2-bedroom, 1.5-bath) units. To be built as per plans. Construction will begin with the rear building, which contains the two 3-bedroom, 2-bath units. One of the (2-bedroom, 1.5-bath) unit will be designated as the SMFA affordable housing unit, specifically the first floor unit. The building in the front to be built under a seperate permit.	[O] Brittney McMillon [A] McMillon Housing Developments [C] HT Builders, LLC
3001 Gentilly Blvd, Norman Mayer Library	Mechanical HVAC $150,000	HVAC Equipment Replacement for Norman Mayer Library.	[O] H-Worth Elevator [A] Claville Louis Blanchard, Jr [C] Claville Louis Blanchard, Jr
314 S Rampart St	Electrical Service / Circuit / Feeder $147,000	We will supply and install the electrical service and metering at this location as follows. 2-150 amp 3 phase 4 wire electrical panels and meters along with main electrical service per Entergy specifications. Branch Circuitry wiring for one water heater, one electric fan coil unit heater, one condensing unit and LED lighting and receptacles. the work included a heater vent light for each unit bathroom.	[O] Get The Gorilla LLC [A] Jeremiah Alexander Johnson [C] Jeremiah Alexander Johnson
4221 N Prieur St -Apt C	Renovation (Structural) $124,000	We are restoring this duplex (rear structure), HVAC, Electrical, Fire suppression, roofing, siding, and Plumbing, raising the roof, adding a loft and making. Splitting Unit B into two One bedroom Units. see sample plans (four units total on site) .Fenced, landscaping and all exterior beautification will be done to restore this property and improve the neighborhood. License contractors will be hired to restore home. Owner will do all the landscaping, prep, clean up and painting. Contractor will file permits as needed.	[O] STZ Finance LLC [A] Truda Hickman c/o STZ Finance, LLC [C] GWJ Industrial Supplies & Construction LLC
514 S Rampart St	Renovation (Non-Structural) $94,000	Using the commercial space as a restaurant and only doing cosmetic upgrades. Work includes new interior wall finishes, paint, decorative wall panels, replacement of existing floors, and updated lighting fixtures using existing electrical connections. No structural changes, no demolition of low bearing elements and no changes to the building footprint or exterior openings. All work is strictly interior and does not involve structural modifications, mechanical systems or occupancy classification changes.	[O] Hammer South LLC [A] Kandys LLC dba Kandy’s [C] Bobby K Harris
5301 Elysian Fields Ave	Mechanical HVAC $73,000	demo existing units and ductwork and install new unit and ductwork	[O] C G S LLC [A] Anthony Gerard Ragusa [C] Anthony Gerard Ragusa
522 Bourbon St	Renovation (Non-Structural) $67,862	Repair existing slate roof. Perform exploratory demolition in two area to determine construction details.	[O] Anglade 522 Bourbon LLC [A] Jennifer Taylor [C] A.R.I., L.L.C.
200 N Galvez St	Renovation (Structural) $55,300	Renovations to convert existing property into a coffee shop. New kitchen, HVAC unit to roof, new hood, new ADA restroom.	[O] Braun Carl M Jr [A] Zach Smith Consulting & Design [C] GMR Services LLC
520 Saint Peter St Apt 301	Mechanical HVAC $50,000	Installation of new water source heat pump HVAC unit.	[O] The City Of New Orleans [A] Harold Heidingsfelder [C] Harold Heidingsfelder
633 Decatur St Apt 201	Mechanical HVAC $50,000	Installation of New Water Source Heat Pump HVAC Unit	[O] The City Of New Orleans [A] Harold Heidingsfelder [C] Harold Heidingsfelder
3869 General Meyer Ave	Renovation (Structural) $49,208	Enclosure of existing covered porch for additional conditioned interior space, construction of a new roof over existing concrete slab and addition of new egress doors. Per CU approved drawings	[O] Gusman Bryan Christopher [A] Kris Shull Dunn [C] Nola Home Improvement LLC
4213 Chartres St	Mechanical HVAC $45,225	Install 60k btu multi zone heat pump system with 2 air handlers and duct work. Install 125 pint whole house dehumidifier.	[O] Good Chartres LLC [A] Michael Anthony Davis, II [C] Josh Musgrove, Michael Anthony Davis, II
425 Basin St	Accessory Structure $44,202	Construct new guard shack on the existing concrete foundtaion.	[O] N O Archdiocesan Cemeteries [A] Steven Finegan [C] Portico Construction Inc
2315 Joliet St	Accessory Structure $41,331	Permit an existing shed in the rear of the property	[O] Marshall T Spencer [A] Marshall Spencer [C] Sweeney Restoration LLC, Riverside Consulting LLC
318 Lake Marina Ave Unit 111	Renovation (Non-Structural) $40,500	NON STRUCTURAL RENOVATION OF SMALL SINGLE FAMILY RESIDENTIAL UNIT	[O] Rene Adelle Reichard Marius, Claire M David, Lynne Ann Messina, Antoine Family Trust, Charlotte L Phillips, Anthony J Jr Puccia, Burl R IV Mahl, James H Eberle, Daugherty Neal Andrew Jr, Kimiko K Sunderland, Bart R Lacomb, Harrison Smith, Peter J Mac [A] Ashley Oliveira [C]
5301 Elysian Fields Ave	Electrical Service / Circuit / Feeder $39,456	Electrical Renovation	[O] C G S LLC [A] Rafael A. Tejeda Sr. [C] Pillar Building, LLC
1938 Louisiana Ave	Electrical Service / Circuit / Feeder $35,000	Total wire of a new laundromat. 600 amp service with 100 circuits	[O] Jacob D Slayden [A] Gerald L.udwig Stawski Jr. [C] Gerald L.udwig Stawski Jr.
3112 N Roman St	Accessory Structure $35,000	Construction of detached accessory studio, less than 400 square feet, to existing single-family residence.	[O] Ajeb Constructs LLC [A] AJEB CONSTRUCTS LLC [C] AJEB CONSTRUCTS LLC
601 Poydras St, SUITE 1900	Electrical Service / Circuit / Feeder $21,820	INSTALL FIXTURES SWITCHES AND RECEPTACLES	[O] Stirling 601 Poydras LLC [A] ALFRED Clinton DEUBLER, III [C] ALFRED Clinton DEUBLER, III, SCS Electric
6004 Chef Menteur Hwy	Renovation (Non-Structural) $20,697	Adding framed barrier walls in the attic	[O] CPM Property Holdings LLC [A] Keith Crawford [C]
109 Tchoupitoulas St	Renovation (Non-Structural) $18,700	remove existing shingles and install Certainteed architectural shingles	[O] Holdingsllc Quarter [A] Justi Jill [C] Capstone Roofing Louisiana LLC
300 Magazine St	Mechanical HVAC $12,000	Install 3 Air Handlers , with duct work	[O] Khoobehi Properties LLC [A] Jared Folks [C] Jared Folks
4110 General De Gaulle Dr	Mechanical HVAC $11,233	Replace 12.5 ton Packaged Rooftop Unit, like for like	[O] WG General Degaulle LLC [A] David Joseph Grzech [C] David Joseph Grzech
4432 Dryades St	Electrical Service / Circuit / Feeder $6,720	Replace main exterior panel for 4432 Dryades /1833 Jena St	[O] Conservatoryinc Art [A] John Francis Schmelling II [C] John Francis Schmelling II
739 Montegut St Apt 1B	Electrical Service / Circuit / Feeder $6,000	Electrical Service Permit- After the Fact. Permit submitted to legalize electrical work previously performed without permit. Work includes installation and verification of (1) 125 Amp, 120/240v single phase electrical Serv panel serving dwelling unit 1B, Including approximately 24 Branch Circuits.	[O] MGB Nola 1 LLC [A] Russell Jamal Frank [C] Russell Jamal Frank
519 Madison St	Renovation (Non-Structural) $5,000	removal and replacement of t+g deckboards and wood fascia at 2nd floor gallery EXTERIOR WORK ONLY. INTERIOR WORK NOT INCLUDED IN SCOPE OF WORK.	[O] Three CL LLC [A] Loretta Harmon [C]
1722 Esplanade Ave Apt A	Construction Loop $5,000	Take service off the wall so they can repair termite damage	[O] Gce Green Properties I LLC [A] Corey Danial Morgan [C] Corey Danial Morgan
1119 Terpsichore St Apt 101, Apt 103	Electrical Service / Circuit / Feeder $4,225	Change of service / electric re-work	[O] Lasher Thomas C [A] Michael Andrew Adams [C] Michael Andrew Adams
1716 S Saratoga St Apt 1A	Mechanical HVAC $3,800	install 3 ton unit	[O] Central City Housing Development Corp [A] Paul E. Herkes IV [C] Robert Wolfe Construction Inc
935 Frenchmen St	Mechanical Fuel Gas $2,800	(2) New gas line & (1) tankless water heater	[O] 935 Frenchmen LLC [A] David C Carter, Sr. [C] David C Carter, Sr.
2407 Feliciana St	Electrical Service / Circuit / Feeder $1,500	The residence needs a final inspection for work previously completed.	[O] PJD Houses LLC [A] Joshua Jacob Millon [C] Joshua Jacob Millon
2405 Feliciana St	Electrical Service / Circuit / Feeder $1,500	The residence needs a final inspection for work previously completed.	[O] PJD Houses LLC [A] Joshua Jacob Millon [C] Joshua Jacob Millon
2403 Feliciana St	Electrical Service / Circuit / Feeder $1,500	Thr residence needs a final inspection for work previously completed.	[O] PJD Houses LLC [A] Joshua Jacob Millon [C] Joshua Jacob Millon
2401 Feliciana St	Electrical Service / Circuit / Feeder $1,500	The unit needs a final inspection to release a meter for work previously completed.	[O] PJD Houses LLC [A] Joshua Jacob Millon [C] Joshua Jacob Millon
4217 Danneel St	Mechanical Fuel Gas $1,450	gas out over six months	[O] Tetrad Land Company LLC [A] Carl N Bourgeois [C] Carl N Bourgeois
1008 Dauphine St Apt 3A	Mechanical Fuel Gas $750	Six Month Vacancy gas test.	[O] WLR Investments LLC [A] JAMES T BROUSSARD [C] JAMES T BROUSSARD
1301 Simon Bolivar Ave	Mechanical Fuel Gas $550	Gas leak	[O] Housing Authority of New Orleans [A] Sylvester Carl Johnson [C] S K Johnson & Associates
1815 Saint Thomas St HM	Electrical Vacancy $550	Vacancy Inspection for House Meter.	[O] Housing Authority of New Orleans, Lgd Historic Apartments LLC [A] Frederick Andrew Schenck Sr. [C] Frederick Andrew Schenck Sr.
4226 Magazine St	Mechanical HVAC $550	2 ton mini split system after the fact	[O] Segal Abood Radhi [A] Damon Tyris Reed Sr. [C]
14748 Peltier Dr	Electrical Vacancy $450	Perform Electrical vacancy inspection. Edgar Young 813-0256.	[O] Mirus New Orleans LLC [A] Edgar NMI Young, Jr. [C] Edgar NMI Young, Jr.
2400 Magazine St Apt 7	Mechanical Fuel Gas $450	REPAIR GAS LEAK FILE FOR RECONNECT	[O] Craig H Tolbert [A] Drew Michael Hosli [C] Drew Michael Hosli
2003 Marais St	Mechanical Fuel Gas $450	Install a tankless water heater.	[O] Maxime Ventures LLC [A] Leroy McCoy [C] Leroy McCoy
2601 Carondelet St Unit H	Mechanical Fuel Gas $400	GAS OUT- 6m VACACY- NEED METER	[O] Sevgi Turkes, Mary Smith Boname, Curtiss J Vidrine, Turkes Sevgi, Roland Vasquez, Rickey C Burroughs, Joan Schubel Ureta, Mary A Blackburn, Kevin K Bui, The Living Trust of Aidan Ian Sentleger Franklin, Maryann Harden, Shaw Kennan E, The Jill Marie J [A] Danny Griffin [C] Danny Griffin
2410 Felicity St	Mechanical Fuel Gas $400	meter out over 6 months	[O] Harmony Limitdpartnership Felicity [A] Horace C Bynum, Jr. [C] Horace C Bynum, Jr.
7880 S Coronet Ct Apt C	Electrical Vacancy $325	Vacancy	[O] James E Mackie [A] Brian David Franklin [C] Brian David Franklin
7880 S Coronet Ct Apt B	Electrical Vacancy $325	Vacancy	[O] James E Mackie [A] Brian David Franklin [C] Brian David Franklin
7880 S Coronet Ct Apt D	Electrical Vacancy $325	Vacancy	[O] James E Mackie [A] Brian David Franklin [C] Brian David Franklin
3329 Magazine St -HM	Change of Address N/A	25-08897-RNVN Mixed Use, 1 suite, 2 apartments. Combining Apt 1B into Suite. KEEP 3329 Magazine St New Orleans, LA 70115 KEEP 3329 Magazine St Apt 1A New Orleans, LA 70115 KEEP 3329 Magazine St Apt 2A New Orleans, LA 70115 CHANGE 3329 Magazine St Apt 1B New Orleans, LA 70115 to 3329 Magazine St HM New Orleans, LA 70115	[O] Grace 9999 LLC [A] Grace 9999 LLC [C]
1481 Saux Ln, 1481 Saux Ln Apt A, 1481 Saux Ln Apt B, 1483 Saux Ln Apt A, 1483 Saux Ln Apt B, 1483 Saux Ln	Change of Address N/A	26-03414-NEWC Three to Four Family, 2 Duplexes. ADD 1481 Saux Ln Apt A New Orleans, LA 70114 ADD 1481 Saux Ln Apt B New Orleans, LA 70114 ADD 1483 Saux Ln Apt A New Orleans, LA 70114 ADD 1483 Saux Ln Apt B New Orleans, LA 70114	[O] Brittney McMillon [A] Brittney McMillon [C]
636-642 Royal St, 634-638 Saint Peter St	Change of Address N/A	26-07297-RNVN Business Use, 5 Suites. KEEP 636 Royal St New Orleans, LA 70130 (AM13214739) KEEP 638 Royal St New Orleans, LA 70130 KEEP 640 Royal St New Orleans, LA 70130 (AM12288193) ADD 642 Royal St New Orleans, LA 70130 KEEP 634 Saint Peter St New Orleans, LA 70130 RETIRE 638 Saint Peter St New Orleans, LA 70130	[O] 640 Skyscraper LLC [A] 640 Skyscraper LLC [C]
14450 Chef Menteur Hwy	Change of Address N/A	25-15633-RNVN Business Use, 2 Structures. KEEP 14400 Chef Menteur Hwy New Orleans, LA 70129 CHANGE 14400 Chef Menteur Hwy Ste A New Orleans, LA 70129 to14450 Chef Menteur Hwy New Orleans, LA 70129	[O] Loc V Nguyen [A] Loc V Nguyen [C]
1200 S Carrollton Ave -Ste 1A	Change of Address N/A	24-35909-RNVN Business Use, Hotel, 1 Suite. KEEP 1200 S Carrollton Ave New Orleans, LA 70118 KEEP 1200 S Carrollton Ave Ste 1A New Orleans, LA 70118 ADD 1200 S Carrollton Ave HM New Orleans, LA 70118	[O] The Whitney On Carrollton, LLC dba The Whitney on Carrollton [A] Nickolaus Jr. Edward [C]
1530 Felicity St -HM	Change of Address N/A	update addresses to stds 24HOME21428 Change 1530 Felicity St Unit 1 New Orleans,LA 70130 to1530 Felicity St Apt 101 New Orleans,LA 70130 (AM10448034) Change 1530 Felicity St Unit 2 New Orleans,LA 70130 to 1530 Felicity St Apt 102 New Orleans,LA 70130 (AM10759098) Change 1530 Felicity St Unit 3 New Orleans,LA 70130 to 1530 Felicity St Apt 201 New Orleans,LA 70130 (AM10448018) Change 1530 Felicity St Unit 4 New Orleans,LA 70130 to 1530 Felicity St Apt 202 New Orleans,LA 70130 ( AM10448017) Change 1530 Felicity St Unit 5 New Orleans,LA 70130 to 1530 Felicity St Apt 301 New Orleans,LA 70130 (AM10448020) Change 1530 Felicity St Unit 6 New Orleans,LA 70130 to 1530 Felicity St Apt 302 New Orleans,LA 70130 (AM10448019) KEEP Change 1530 Felicity S t HM New Orleans,LA 70130 (AM11451192) KEEP SWBNO 1530 Felicity St New Orleans,LA 70130 (E008535) Change SWBNO 1530 Felicity St New Orleans,LA 70130 to 1530 Felicity St FP New Orleans,LA 70130 ( A420204)	[O] Felicity Annex LLC [A] Felicity Annex LLC [C]
834 N Rampart St, 834 N Rampart St Unit 3, 834 N Rampart St Unit 4, 834 N Rampart St Unit 5, 834 N Rampart St Unit 1, 836 N Rampart St, 836 N Rampart St Unit 2	Change of Address N/A	City Initiated, Address of Condominium unit not on file. KEEP 834 N Rampart St Unit 3 New Orleans, LA 70116 KEEP 834 N Rampart St Unit 4 New Orleans, LA 70116 KEEP 834 N Rampart St Unit 5 New Orleans, LA 70116 KEEP 836 N Rampart St Unit 2 New Orleans, LA 70116 ADD 834 N Rampart St Unit 1 New Orleans, LA 70116	[O] Peter L Hall [A] Peter L Hall [C]
5790 Morrison Rd	Change of Address N/A	26-11529-NEWC Business Use CHANGE 5760 Morrison Rd New Orleans, LA 70126 to 5790 Morrison Rd New Orleans, LA 70126 (AM14492456)	[O] Jordan Tommie Lee SR [A] Jordan Tommie Lee SR [C]
4432 Dryades St, 1833 Jena St, 1833 Jena St Apt 201, 1833 Jena St Apt 202, 1833 Jena St HM	Renovation (Non-Structural) N/A	No Work Change of Use: Combining 4432 Dryades, 1833 Jena Street and 1833 Jena Street Apt 101 addresses into one ground floor commercial address as Interior Design Studio.	[O] Conservatoryinc Art [A] Kathleen Levy [C]

Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $300,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.

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