19 Jan The Pulse NOLA: French Quarter building sells for 4mm

Posted at 06:56h 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

3908 Veterans Memorial Blvd, Metairie, LA 70002

Type: Retail
Price: $13,675,000 ($284.90 / SF)
Buyer: GRANDBRIDGE HOLDINGS LLC
Elifin’s Notes: A two-story retail property changes ownership on Veterans Memorial Boulevard.

716 Iberville St, New Orleans, LA 70130

Type: Mixed-Use
Price: $4,000,000 ($38.58 / SF)
Buyer: EXUMA L L C
Elifin’s Notes: A French Quarter mixed-use property featuring Dickie Brennan’s Steakhouse on the ground floor with a structured parking garage above it sells in the French Quarter.

1120 Decatur St, New Orleans, LA 70116

Type: Mixed-Use
Price: $1,725,000 ($287.16 / SF)
Buyer: JEFF & BUZ INVESTMENT LLC
Elifin’s Notes: A mixed-use property with a street-level restaurant space and residential second and third floors sells on Decatur Street.

2717 Roosevelt Blvd, Kenner, LA 70062

Type: Retail
Price: $1,200,000 ($136.09 / SF)
Buyer: ROOSEVELT PLAZA LLC
Elifin’s Notes: A retail strip center property changes ownership in Kenner.

1309 Dealers Ave, Elmwood, LA 70123

Type: Industrial
Price: $875,000 ($89.90 / SF)
Buyer: LEBRUN PROPERTIES LLC
Elifin’s Notes: A local entity purchases an industrial property within the Elmwood Industrial Park.

139 S Cortez St, New Orleans, LA 70119

Type: Retail
Price: $850,000 ($242.23 / SF)
Buyer: ESPIRITU MEZCALERIA LLC
Elifin’s Notes: A restaurant property changes ownership at the corner of South Cortez Street and Cleveland Avenue.

6314 Jefferson Hwy, Harahan, LA 70123

Type: Industrial
Price: $700,000 ($125.00 / SF)
Buyer: LFS INVESTMENTS LLC
Elifin’s Notes: This property represents an interesting conversion of the bones of a former bank drive-thru to a built out multi-use commercial property. Fully updated pictures of the build-out were not publicly available.

531 Monroe St, Gretna, LA 70053

Type: Office
Price: $600,000 ($150.00 / SF)
Buyer: RANDAZZO, VINCENZO
Elifin’s Notes: A commercial property on an oversized lot sells in Gretna.

1512 Barataria Blvd, Marrero, LA 70072

Type: Retail
Price: $565,000 ($57.65 / SF)
Buyer: LEFORTS SEAFOOD RESTAURANT INC
Elifin’s Notes: A restaurant property changes ownership on Barataria Boulevard.

612 Clearview Pkwy, Metairie, LA 70001

Type: Office
Price: $350,000 ($162.04 / SF)
Buyer: GENESIS 22 14 LLC
Elifin’s Notes: A two-story office property changes hands on Clearview Parkway.

7260 River Rd, Marrero, LA 70072

Type: Land
Price: $100,000 ($0.43 / Land SF)
Buyer: COOPER CONSOLIDATED LLC
Elifin’s Notes: A 5+ acre parcel of commercial land sells on River Road.

9119, 9129 Airline Hwy, New Orleans, LA 70118

Type: Retail
Price: Withheld
Buyer: ZION COMMERCIAL PROPERTIES LLC
Elifin’s Notes: A two-tenant commercial property with warehouse space sells on Airline Highway.

4112 Magazine St, New Orleans, LA 70115

Type: Retail
Price: Withheld
Buyer: 4112 MAGAZINE LLC
Elifin’s Notes: A retail property changes ownership on Magazine Street.

2220 St Charles Ave, New Orleans, LA 70130

Type: Retail
Price: Withheld
Buyer: 2220 ST CHARLES AVE LLC
Elifin’s Notes: The House of Broel, a Victorian/Antebellum mansion and wedding venue sells along Saint Charles Avenue.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
1215 Convention Center Blvd, 351 Calliope St, 1213 Convention Center Blvd	New Construction $25,000,000	New Construction of 6 story hotel with meeting rooms and additional 1st floor tenant commercial space. All work to be done as per plans.	[O] Nola Lodging Group LLC [A] Campo Architects [C] Patel Construction LLC
1431 Saint Louis St	Mechanical HVAC $1,400,000	Floor 2 of 4 which includes Split System Heat Pumps. Apt. 203-205, 206 & 211 have (5) 2-Ton AHU in closet. Apt.212 has (1) 3-Ton AHU in closet. Apt. 201, 202, 207-210 have (6) 4-ton AHU in closet. (All systems have condenser on the roof)	[O] Housing Authority of New Orleans [A] Charles K Sardi [C] RNGD Builders, LLC
5641 Read Blvd	Renovation (Non-Structural) $740,167	Roofing Replacement., HVAC Replacement, and HVAC Controls Modifications. All work to be done as per plans.	[O] The City Of New Orleans [A] Brian Miller [C]
1938 Louisiana Ave	New Construction $500,000	SUBMITTING A NEW CONSTRUCTION PERMIT FOR LAUNDRY MAT AT 1938 LOUISIANA AVE	[O] Jacob D Slayden [A] SAFE KIT [C] MTMA NOLA LLC
3432 Canal St	Renovation (Non-Structural) $496,350	The project is a renovation of an existing building to better fit the needs of a veterinary clinic.	[O] [A] Longo Architecture Studio [C] JLV Construction LLC
1229 Josephine St	Construction Loop $324,255	A-1 Electrical Contractors are applying for a Temporary Pole 120/208 Permit to power a job trailer.	[O] Trinity Church [A] Ryan Carl Orgeron [C] Ryan Carl Orgeron
622 Conti St	Renovation (Non-Structural) $245,940	Remove existing non-historic first floor millwork and bulkheads beneath storefront windows and install new eight-lite double panel outswinging French doors in all three bays, per attached materials stamped VCC approved 12/17/2025. Millwork to be constructed from Spanish cedar, mahogany or red grandis. Must have true divided lites and single glazing. Submit hardware for VCC review and approval at staff level prior to purchase and installation. plumbing and sheetrock work.	[O] Lewis C Jr Ramel [A] John C Williams [C] Constance Restoration, LLC
1300 Oretha Castle Haley Blvd Ste A	Mechanical HVAC $149,000	Providing and installing (1) new mini split and associated heat pump. Providing and installing (1) new horizontal AC unit and associated heat pump. Moving an existing horizontal AC unit. Providing new exhaust fans in Restroom spaces. Providing new ductwork and controls throughout space.	[O] The Finance Authority of New Orlea, The Finance Authority of New Orleans, AG 2018 LLC [A] Arthur Joseph Bouchon [C] ARC MECHANICAL
519 Hagan St	Renovation (Structural) $130,000	HDLC Approved under other permit. Permit #25-24099-HDLC – Demo of non-original wall infill. Installation of new window to match original openings. Demo of overhead garage doors Installation of new garage doors. Non-struc modification of floor plan. Construction of 150 sq ft at rear for walk in freezer, new plumbing and fixtures, new HVAC installed, demo of existing light and electrical fixtures, installation of new lighting and electrical fixtures. ABO ordinance approved for package sales. Zoning Inspection required for CO	[O] [A] Zach Smith Consulting & Design [C] Bertel Construction LLC
4617 Mirabeau Ave	Mechanical HVAC $81,993	Replacement of (3) roof top units with associated plumbing and electrical connections.	[O] Orleans Parish School Board [A] Arthur Joseph Bouchon [C] ARC MECHANICAL
2645 Toulouse St	Electrical Service / Circuit / Feeder $70,808	Install circuitry as needed for new lighting and receptacle renovation	[O] Toulouse Commercial Inc, SBP St Peter LLC [A] Jerome Vellon Dupre Jr [C] Edifice Builders LLC
1722 Erato St	Mechanical HVAC $68,118	installing two 3.5-ton units and four 1-ton units with duct work Building C	[O] Thalia and Erato LLC [A] Anthony Gerard Ragusa [C]
819 Saint Ann St -HM	Renovation (Non-Structural) $63,478	Slate Roof replacement	[O] A & R Management Group LLC [A] Anthony Melancon Jr [C] Melancon Contracting Services LLC
2 Eagle Point Ln	Accessory Structure $52,759	NEW CONSTRUCTION OF A 2-STORY DEN/TINKER ROOM/UNFINISHED ATTIC including electric plumbing, gas, and HVAC . TO BE BUILT AS PER PLANS. FINAL INSPECTION FEMA EC BFE -0.96 NAVD Main structure to be built under 25-33304-NEWC. Generator and pool to be added under seperate permits.	[O] Caldwell Jimmy R Jr [A] Jimmy Caldwell Jr [C] CRAFTMAN BUILDERS, L.L.C.
2 Canal St	Accessory Structure $30,277	Installation of equestrian statue of Governor Galvez. Includes concrete foundation and plaque. To be built as per plans.	[O] City Views Nola LLC, Excelsior Exchange Properties LLC, Arunavathi Sangisetty, Two Canal Owner LLC, Lagniappe Nola Investment LLC, David Thomas Conlan, Allen Dennis J, Le Fleuve LLC, EH Nola 2001 LLC, Pinebrook Nola LLC, Brees Family Trust, McCarthy [A] Mannix Nicholas [C] Woodward Design+Build
2600 Saint Claude Ave	Interior Demolition $29,855	Interior finish demolition only of drywall, suspended ceilings wood trim and removal of old contents. The purpose of the demolition is to expose structural components for the engineer to assess damages from a previous fire and termite damage. A separate building permit for renovation will follow. NO USE OR OCCUPANCY. Renovation requires a separate permit. Failure to secure the proper permits or proceed with work outside the scope of this permit will subject the property to additional fees, fines, adjudication and penalties. Request inspections at inspections@nola.gov. Include the permit number.	[O] Goofy Guy Property LLC [A] Malcolm Lee Page Jr. [C] Ibis Builders, LLC
7990 Burke Ave	Mechanical HVAC $21,750	Install 3ea 5-ton HVAC systems, electric air handlers,15kw heat kits and condenser units. Edgar Young 813-0256	[O] Light City Church [A] Edgar NMI Young, Jr. [C] Edgar NMI Young, Jr.
1129 Josephine St	Mechanical HVAC $16,612	Replacing the condenser and air handler	[O] Mary L Armstrong [A] Keefe John Ditta [C] Keefe John Ditta
2001 Saint Ann St	Mechanical HVAC $15,200	Install new 2 1/2 ton electric heater coil and condenser run all new ductwork add all vents	[O] Vertical Capital LLC [A] Ricky Jude Gonzales Sr. [C] Ricky Jude Gonzales Sr.
2003 Saint Ann St	Mechanical HVAC $15,200	Install new 2 1/2 ton electric heater coil condenser run all new ductwork run all proper venting	[O] Vertical Capital LLC [A] Ricky Jude Gonzales Sr. [C] Ricky Jude Gonzales Sr.
2127 Prytania St	Construction Loop $12,050	Construction Loop	[O] 2127 Prytania LLC [A] Frederick Andrew Schenck Sr. [C] Frederick Andrew Schenck Sr.
3403 S Galvez St	Electrical Service / Circuit / Feeder $11,900	House is being raised moving service down	[O] Ruby D Boyd [A] John M Panepinto Jr. [C]
3405 S Galvez St	Electrical Service / Circuit / Feeder $11,900	House is being raised so moving service down to new location	[O] Ruby D Boyd [A] John M Panepinto Jr. [C]
3500 Louisiana Avenue Pkwy	Electrical Service / Circuit / Feeder $11,900	Move Service due to house being raised	[O] Ruby D Boyd [A] John M Panepinto Jr. [C]
3500 Louisiana Avenue Pkwy	Construction Loop $11,500	Construction Pole	[O] Ruby D Boyd [A] John M Panepinto Jr. [C] John M Panepinto Jr.
1928 Esplanade Ave	Construction Loop $10,000	Temporary pole installation	[O] Resa Wilson Bazile [A] Clarence Stewart Jr. [C] Clarence Stewart Jr.
830 Governor Nicholls St Apt 1A	Interior Demolition $10,000	Removal of cabinets, countertops, old light fixtures, and tile. To be done as per scope. NO USE OR OCCUPANCY; RENOVATIONS REQUIRES A SEPARATE PERMIT. Failure to secure the proper permits or proceed with work outside the scope of this permit will subject the property to additional fees, fines, adjudication and penalties. Call for inspection at (504) 658-7200 or email: inspections@nola.gov to request a final inspection. Please include the permit number.	[O] Reside Realty Ltd [A] Big Easy Bears LLC [C] Hermanos Rivera Construction LLC
1100 Allen Toussaint Blvd	Permanent Generator $7,500	Install a new 200 amp automatic transfer switch and 30 KW Rehlko (Kohler) standby generator on an existing AT&T cell tower site.	[O] U S Dept Of Agric Ulture [A] TOBY CLIFFORD McCLURE [C] TOBY CLIFFORD McCLURE
820 S Genois St Trlr 4	Construction Loop $7,209	Wood pole mounted electrical service to feed CNO Traffic office trailers.	[O] City Of New Orleans [A] Todd P Trosclair, Sr. [C]
820 S Genois St Trlr 3	Construction Loop $7,209	Wood pole mounted electrical service to feed CNO traffic office trailer.	[O] City Of New Orleans [A] Todd P Trosclair, Sr. [C]
820 S Genois St Trlr 2	Construction Loop $7,208	Wood Pole mounted electrical service to feed CNO traffic Office Trailers.	[O] City Of New Orleans [A] Todd P Trosclair, Sr. [C]
820 S Genois St Trlr 1	Construction Loop $7,208	Wood Pole mounted electrical service to feed CNO Traffic office trailer	[O] City Of New Orleans [A] Todd P Trosclair, Sr. [C]
2634 New Orleans St	Electrical Service / Circuit / Feeder $7,000	wire a new duplex home	[O] HSR Renovations LLC [A] Igor Fernandes Miranda [C] Igor Fernandes Miranda
3439 Kabel Dr Ste 101	Renovation (Non-Structural) $5,000	Change of use from Bakery to Reception Hall bathroom fixtures, painting, drywall compression	[O] Provincial LLC [A] Divine Party Rental [C]
1141 Milton St	Construction Loop $4,604	Temporary Pole for Construction Trailer (26-00661-TRLR)	[O] Orleans Parish School Board [A] Kevin Joseph Clark Sr. [C] Kevin Joseph Clark Sr.
2743 Pressburg St	Accessory Structure $4,000	Storage Shed 12×10 no services FINAL INSPECTION No living space–may only be used for parking/storage/access. Wet floodproofing required, including compliant flood openings	[O] Sheila A Webb [A] BACKYARD STORAGE SOLUTIONS, LLC [C] Backyard Storage Solutions LLC
3340 Bienville Ave	Renovation (Structural) $3,000	AFTER THE FACT Construction of a covered back patio/deck and front canopy.	[O] 3340 Bienville LLC [A] Seal Elvira [C]
5701 Crowder Blvd	Electrical Vacancy $2,500	vacancy permit to get electricity reconnected	[O] Mountain Portfolio Owner La 2 LLC [A] Wesley J. Stone [C] Wesley J. Stone
2509 Bayou Rd Ste 1B	Electrical Service / Circuit / Feeder $1,500	Install outlets, switches and fixtures. 125 amp service install.	[O] [A] DESEAN EDDIE FOUNTAIN [C]
2509 Bayou Rd HM	Electrical Service / Circuit / Feeder $1,500	Install outlets, switches and fixtures. 125 amp service install.	[O] [A] DESEAN EDDIE FOUNTAIN [C]
3061 Saint Claude Ave	Renovation (Structural) $1,200	We would like to replace old columns in kind. The current ones are rotting and useless.	[O] Sunfine & Byrdie LLC [A] Saturn Bar Of NO LLC dba Saturn Bar [C] Minga Israel, Dalbert Poree
2600 Saint Claude Ave	Construction Loop $1,100	Installing Construction Loop Pole.	[O] Goofy Guy Property LLC [A] Buddy Michael Cambas [C] Buddy Michael Cambas
6701 Stars & Stripes Blvd	Electrical Repair / Replacement / Addition $1,000	Repairs to existing building	[O] R & R Aviation New Orleans LLC, Orleans Lakefront Hangars New, Michael G Harris, Carlton F Dufrechou, Orleans Levee District, Victor IV Schilleci, Rci Entertainment Louisiana Inc, Frank R Jr Bonura, Donald C Hintz, Corporate Hangars, Hans B Arata [A] Richard Anthony Cook Jr. [C] Richard Anthony Cook Jr.
3600 Macarthur Blvd	Mechanical Fuel Gas $850	File permit for out over six months. Install one stove 100,000 BTU. Install two deep fryers at 30,000 = 60,000 BTU.	[O] 3600 Macarthur Investments LLC [A] RONNIE C CROSBY [C] G And R Plumbing
2719 Ursulines Ave Apt B	Mechanical HVAC $800	Re-locate residential exhaust kitchen hood 2 feet from existing locaton.	[O] Coats Geoffrey C [A] Jean G. Lansou, III [C] Jean G. Lansou, III
231 N Carrollton Ave Ste C	Mechanical Fuel Gas $775	6 months vacancy gas	[O] Carbien Associates [A] Anthony E Moret Jr [C]
310 S Rampart St	Electrical Service / Circuit / Feeder $750	Convert a multifamily apartment building into a three-story hotel. Remove excess meters.	[O] Dear Rampart LLC [A] Christopher Jake Laborde [C] Christopher Jake Laborde
168 Harbor Cir	Mechanical Fuel Gas $600	six month gas vacancy inspection	[O] New Hope Homes LLC [A] Eric Anthony Brossette [C] Eric Anthony Brossette
512 Gravier St	Construction Loop $500	Temp pole	[O] Khoobehi Properties LLC [A] Salvador P. Puleo II [C] Salvador P. Puleo II
2825 Saint Charles Ave Apt A204	Mechanical Fuel Gas $450	pressure test gas file for vacancy	[O] Sean & Scottllc [A] Drew Michael Hosli [C]
919 Erato St Bldg A	Electrical Service / Circuit / Feeder $400	connect to existing electrical 2 new signs north elevation	[O] Lau4208me LP [A] James Cyril Pizzolato [C] Commercial Signs
3403 S Galvez St	Mechanical Fuel Gas $400	6 month shoring gas test	[O] Ruby D Boyd [A] Thomas Leblanc [C]
2700 Martin Luther King, Jr Blvd	Mechanical Fuel Gas $350	Gas leak repair	[O] Pompie McMillion [A] William Leroy Hoffman, Jr [C]
2501 Almonaster Ave	Construction Loop $250	Electrical temp pole	[O] N2H Investments LLC [A] Hoang Trong Do [C] Hoang Trong Do
807 Conti St	Small Cell Installation N/A	REMOVE AND REPLACE THE ANTENNA AND RADIOS	[O] [A] Crown Castle Fiber LLC [C] Carman Industries LLC
13901 Old Gentilly Rd	Float N/A	Krewe of Okeanos – one float tongue number N. THIS IS AN ADDITIONAL FLOAT TO PERMIT NO. 26-00524-EFLO. GRAND TOTAL OF 13 FLOATS.	[O] Krewe of King Arthur and Merlin Inc [A] Gary V. Chatelain [C]
941 Delachaise St	Mechanical Fuel Gas N/A	6-month gas vacancy inspection	[O] [A] Mohamad Ardekani [C]
201-203 Chartres St, 601 Iberville St -HM	Change of Address N/A	23-04890-RNVN Mixed Use, 1 Restaurant, 16 Residential Apartments. Addition of Service for restaurant. KEEP 201 Chartres St New Orleans, LA 70130 (AM12138472, U506744, 106637-760533) ADD 203 Chartres St New Orleans, LA 70130 (AM11084076) KEEP 601 Iberville St Apts 201-206 New Orleans, LA 70130 KEEP 601 Iberville St Apts 301-306 New Orleans, LA 70130 KEEP 601 Iberville St Apts 401-406 New Orleans, LA 70130 KEEP 601 Iberville St Apts 501-502 New Orleans, LA 70130 KEEP 601 Iberville St HM New Orleans, LA 70130	[O] Blue Capital Property Managem LLC [A] Blue Capital Property Managem LLC [C]
1315 Saint Ferdinand St	Float N/A	Krewe of Thoth. Location 2 of 2. 27 floats.	[O] Mardi Gras Preservation Society LLC [A] Shannon Louis Dice [C] Shannon Louis Dice
1659 Saint Thomas St	Float N/A	Krewe of Thoth. Location 1 of 2. 30 floats.	[O] Mardi Gras Preservation Society LLC [A] Shannon Louis Dice [C] Shannon Louis Dice
1421 Patterson St	Float N/A	Krewe of Druids. Location 2 of 2. 8 floats.	[O] 4531 Properties LLC [A] Shannon Louis Dice [C] Shannon Louis Dice
2825 S Roman St	Float N/A	Krewe of Druids. Location 1 of 2. 14 floats.	[O] Carnival & Social Club Thoth [A] Shannon Louis Dice [C] Shannon Louis Dice
2310 Perdido St	Float N/A	Krewe of Babylon. 27 floats.	[O] Social Club Jesters [A] Shannon Louis Dice [C] Shannon Louis Dice
8820 Plum St	Float N/A	Krewe of Carrollton. 24 floats.	[O] Carrollton Carnival Club Inc [A] Shannon Louis Dice [C] Shannon Louis Dice
600 Bordeaux St	Float N/A	Krewe of Chaos Mardi gras floats electrical inspections. 16 floats	[O] Club La ET Al Crescent [A] James Joseph Crowley, Jr. [C]
600 Bordeaux St	Float N/A	Krewe of Proteus mardi Gras floats for electrical inspections. 20 floats	[O] Club La ET Al Crescent [A] James Joseph Crowley, Jr. [C]
1141 Milton St	Construction Trailer N/A	This permit is to associate the Construction Trailer with Construction Loop permit 26-00318-LOOP.	[O] Orleans Parish School Board [A] Cycle Construction Company LLC [C] Cycle Construction Company LLC

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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