The Pulse NOLA: Historic Madame X Mansion sells

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

Commercial Sales Recorded Last Week

927 Toulouse St, New Orleans, LA 70112
927 Toulouse St, New Orleans, LA 70112

Type: Multifamily
Price: $1,450,000 ($207,143 / Unit)
Buyer: MADAME X LLC
Elifin’s Notes: The historic Madame X Mansion, featuring 7 apartments, sells in the French Quarter.

2417 Sharon St, Metairie, LA 70062
2417 Sharon St, Metairie, LA 70062

Type: Industrial
Price: $799,900 ($109.70 / SF)
Buyer: PATRIOT RESPONSE GROUP LLC
Elifin’s Notes: Patriot Response Group, a Florida company, acquires an industrial property near MSY.

656 N Broad St, New Orleans, LA 70119
656 N Broad St, New Orleans, LA 70119

Type: Land
Price: $400,800 ($61.34 / Land SF)
Buyer: ART HOUSE NOLA INC
Elifin’s Notes: Art House Nola Inc acquires a parcel of land on North Broad Street.

4213 Chartres St, New Orleans, LA 70117
4213 Chartres St, New Orleans, LA 70117

Type: Industrial
Price: $370,000 ($39.43 / SF)
Buyer: ALLEN JOHN C JR
Elifin’s Notes: A commercial warehouse property sells in the Bywater.

1501 Prytania St, New Orleans, LA 70130
1501 Prytania St, New Orleans, LA 70130

Type: Mixed-Use
Price: Withheld
Buyer: HOW BAZAAR, LLC
Elifin’s Notes: Local investor purchases a mixed use property with apartment and retail spaces at the corner of Melpomene Street & Prytania Street.

3909 Magazine St, New Orleans, LA 70115
3909 Magazine St, New Orleans, LA 70115

Type: Retail
Price: Withheld
Buyer: 3909 MAGAZINE LLC
Elifin’s Notes: Local investor purchases this property along with another retail property on Magazine Street.

3901 Magazine St, New Orleans, LA 70115
3901 Magazine St, New Orleans, LA 70115

Type: Retail
Price: Withheld
Buyer: 3901 MAGAZINE LLC
Elifin’s Notes: Local investor purchases this property along with another retail property on Magazine Street.


Commercial Permits Issued Last Week


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.

Elifin Realty
marketing@elifinrealty.com
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