The Pulse NOLA: Retail property sells in the French Quarter

06 Jan The Pulse NOLA: Retail property sells in the French Quarter

Posted at 09:53h 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

604 Julia St, New Orleans, LA 70130

Type: Mixed-Use
Price: $1,400,000 ($216.95 / SF)
Buyer: 604 JULIA LLC
Elifin’s Notes: A Warehouse District mixed-use property, consisting of one street level retail, four STR units, and two apartments, sells.

609, 615 Chartres St, New Orleans, LA 70130

Type: Retail
Price: Withheld
Buyer: 609 CHARTRES ST LLC
Elifin’s Notes: A retail property changes ownership on Chartres Street in the French Quarter near Jackson Square.

2413 Houma Blvd, Metairie, LA 70001

Type: Multifamily
Price: Withheld
Buyer: 2413 HOUMA LLC
Elifin’s Notes: This is one of two 6-unit multifamily properties purchased by a local investor along Houma Boulevard.

2417 Houma Blvd, Metairie, LA 70001

Type: Multifamily
Price: Withheld
Buyer: 2417 HOUMA LLC
Elifin’s Notes: This is one of two 6-unit multifamily properties purchased by a local investor along Houma Boulevard.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
1000 Howard Ave	Renovation (Structural) $18,813,436	RENOVATION OF AN EXISTING OFFICE BUILDING INTO A 39 UNIT, 195 BED HOTEL. ALL WORK TO BE DONE AS PER PLANS. ** FINAL INSPECTION VERIFY that they relocated all critical equipment from the basement to the first floor above the BFE to meet the floodplain BFE requirement.	[O] Roman Catholic Church Archdiocese of New Orleans [A] John Dauer [C]
4300 Jourdan Rd	Renovation (Non-Structural) $1,400,000	Roof area 1: We are overlaying the existing roof with an insulation board and installing a Duro-Last PVC roof membrane over the existing roof. No changes to the structure. Roof area 2: We are removing the existing roof and installing new insulation and a Duro-Last PVC roof membrane. No changes to the structure. This is only a roofing project.	[O] Storage & Forwarding Dupuy [A] Paul Fischer [C] Fischer’s Inc
2621 General Meyer Ave	Interior Demolition $1,248,889	Interior demolition, debris removal, and structural stabilization of historic Touro-Shakspeare Alms House 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. Call for inspections at (504)-658-7200 or email inspections@nola.gov to request a final inspection with the permit number.	[O] The City Of New Orleans [A] Michelle Burkart [C] Landis Construction Co LLC
614 Canal St	Permanent Generator $864,000	INSTALLATION OF NEW GENERATORS	[O] Gumbo Alley LLC [A] Glenn A. Cordes [C] Glenn A. Cordes
12000 Hayne Blvd	Renovation (Non-Structural) $825,900	HVAC System Repairs and Replacements only. All work to be done as per plans.	[O] Orleans Parish School Board [A] West Studio [C] Industrial And Mechanical Contractors Inc
155 West Rd	Mechanical HVAC $698,633	Provide ductwork modifications and equipment for the temporary kitchen trailer hookups. Includes a new exhaust fan, two electric unit heaters, and one window unit.	[O] Loyola University [A] August R Gallo, Jr. [C] Landis Construction Co LLC
1717 Religious St HM	Electrical Service / Circuit / Feeder $674,800	Install 400A/3PH service and panel for house circuits and fire pump equipment	[O] Cambrie Celeste LLC, Celeste Landing LLC [A] Michael D Zemke [C] Michael D Zemke
938 Lafayette St	Renovation (Structural) $250,000	Permit for temporary shoring and other stabilization work for exterior brick facade along O’Keefe Avenue and Lafayette Street. EMERGENCY WORK HAS BEEN RELEASED BY JAY DUFOUR	[O] [A] Jonathan Tate [C] Abry Brothers, Inc.
400 N Carrollton Ave	Renovation (Non-Structural) $192,000	Construction of new Starbucks kiosk inside Rouses Market. All work to be done as per plans.	[O] Rouse Land – New Orleans LLC Rouses Market #29 [A] Amy Miles [C] Timothy Fox
2324 Rev John Raphael, Jr Way -Ste 102	Renovation (Non-Structural) $85,000	Drywall, painting , suspended ceilings , electrical work , plumbing work, HVAC , flooring. Minimal work on deteriorated framing members.	[O] Revive Estate Holdings LLC [A] Zach Smith Consullting [C] Buildko Construction Group Inc.
2736 Banks St	Accessory Structure $82,941	Requesting permit for a restaurant pergola patio covering.	[O] The Dog House Realty LLC [A] Kingdom Builders LLC [C] Kingdom Builders LLC
227 N Peters St	Renovation (Structural) $53,402	Exterior facade and interior historic brick tuck pointing work with repairs to finishes. Addresses incident # 22-02902-DBNVCC Demolition by neglect of the historic facade.	[O] Rice Building LLC [A] Lawrence Lupin [C] Mayer Building Company
8015 Trapier Ave Apt A	Renovation (Non-Structural) $23,897	Install 6.020 kW grid-tie solar pv system.	[O] Temple George T Jr [A] Posigen Developer LLC [C] PosiGen Developer LLC
2167 Aubry St	Accessory Structure $23,000	1) removal of out of service generator and installation of new 50kW Diesel Generator on existing generator concrete pad. 2) installation of new Automatic Transfer Switch (ATS)	[O] Cingular Real Estate Holdings of Georgia LLC [A] Joselito Acbo [C] General Dynamics Information Technology
2337 Canal St	Electrical Repair / Replacement / Addition $12,700	Install owner supplied fixtures	[O] Wells One Investments LLC [A] Paul E. Herkes IV [C] Paul E. Herkes IV
1441 Jackson Ave Unit 3B	Renovation (Non-Structural) $12,436	Replace countertops/ sink/ faucet in kitchen. Add 4 recessed lights in bedroom and kitchen. Swap devices with new switches and outlets.	[O] Gardner Wayne J Jr, Marti L Tidwell, Nicole P Greene, Todd John L, John W Carpenter, The Roy Family Revocable Living Trust, Patricia H Gay, Sharon Wolfe Crane, Michael C Grumich, Wilson Gordon F Jr, Bonnie L Wirfs, Scott Oliphant, Lawrence Baldwin Br [A] Bennett Luke [C] Annunciation Contracting LLC
705 Camp St	Mechanical HVAC $8,000	Ventilation System.	[O] 1012 North Rampart LLC [A] Marcell Lymuel [C] Marcell Lymuel
2435 Napoleon Ave, House meter	Electrical Service / Circuit / Feeder $7,000	Installing a house meter to power common spaces and exterior lights	[O] Marengo Investments LLC [A] Dennis Leon deBoisblanc Sr. [C] Dennis Leon deBoisblanc Sr.
833 Delachaise St Apt 102	Electrical Service / Circuit / Feeder $4,000	Install 100-amp service with 12 new circuits. Edgar Young 813-0256.	[O] 3440 Laurel Property LLC [A] Edgar NMI Young, Jr. [C] Edgar NMI Young, Jr.
833 Delachaise St Apt 101	Electrical Service / Circuit / Feeder $4,000	Install 100-amp service with 12 new circuits. Edgar Young 813-0256.	[O] 3440 Laurel Property LLC [A] Edgar NMI Young, Jr. [C] Edgar NMI Young, Jr.
833 Delachaise St Apt 201	Electrical Service / Circuit / Feeder $4,000	Install 100-amp service with 12 new circuits. Edgar Young 813-0256.	[O] 3440 Laurel Property LLC [A] Edgar NMI Young, Jr. [C] Edgar NMI Young, Jr.
833 Delachaise St Apt 202	Electrical Service / Circuit / Feeder $4,000	Install 100-amp service with 12 new circuits. Edgar Young 813-0256.	[O] 3440 Laurel Property LLC [A] Edgar NMI Young, Jr. [C] Edgar NMI Young, Jr.
833 Delachaise St Apt 103	Electrical Service / Circuit / Feeder $4,000	Install 100-amp service with 12 new circuits. Edgar Young 813-0256.	[O] 3440 Laurel Property LLC [A] Edgar NMI Young, Jr. [C] Edgar NMI Young, Jr.
3440 Laurel St	Electrical Service / Circuit / Feeder $3,000	Install 100-amp House service with 4 new circuits. Edgar Young 813-0256.	[O] 3440 Laurel Property LLC [A] Edgar NMI Young, Jr. [C] Edgar NMI Young, Jr.
4500 Tchoupitoulas St	Mechanical Fuel Gas $2,000	gas leak	[O] Rouse Land-New Orleans LLC [A] Christopher Joseph Deslatte [C]
2725 Lafitte Ave	Mechanical Fuel Gas $1,500	bring gas up to code and put pressure test on line to get gas turned back on.	[O] 2727 Lafeet LLC [A] Steve L Cole [C]
3035 Earhart Blvd	Construction Loop $1,000	Furnish and install a temporary power feeder to provide electrical service to an existing guard shack that will be used to temporary relocate USPS vehicles during the Super Bowl 2025 Season in New Orleans.	[O] City Of New Orleans [A] Keith Walter L’Hoste [C] Keith Walter L’Hoste
3035 Earhart Blvd	Accessory Structure $1,000	Small guard shack might be installed on property temporarily – hence temp pole is needed City owned property temporary use for exterior lighting and possible RV plug in needed	[O] City Of New Orleans [A] Keith Walter L’Hoste [C]
1808 Prytania St	Construction Loop $800	Temporary construction pole for multi-family renovation.	[O] CDJ Miami LLC [A] Mark A. Bacques [C] Mark A. Bacques
1800 Prytania St	Construction Loop $800	Temp. construction pole for renovation of multi-family unit.	[O] CDJ Miami LLC [A] Mark A. Bacques [C] Mark A. Bacques
1401 Saint Bernard Ave	Mechanical Fuel Gas $600	6-month meter reset	[O] Demetrius J Williams [A] Kenneth Boissiere [C] Kenneth Boissiere
627 Bourbon St	Mechanical Fuel Gas $600	Fixed gas leak in business. Entergy has removed meter and we need to get it back.	[O] El-Jaouhari LLC [A] RASEM W HAMED [C] RASEM W HAMED
7929 Green St Apt C	Mechanical Fuel Gas $450	gas reconnect	[O] Craig H Tolbert [A] Drew Michael Hosli [C]
7917 Oak St	Mechanical Fuel Gas $450	6 month gas inspection	[O] Mehrdad Foroozesh [A] Stephan Grant Smith [C]
7101 Forshey St	Electrical Vacancy $430	1 year vacancy,power reconnection.	[O] Arthur C Brown [A] Thuan Cong Cu [C] Thuan Cong Cu
251 La Salle St	Small Cell Installation N/A	Application to modify existing small cell equipment currently mounted on City of New Orleans concrete light pole.	[O] [A] Southern Light LLC [C]
1802 Hastings Pl	Demolition N/A	Fallen building. Permit isssued ASAP	[O] Bar Properties LLC [A] Caveman Demolition [C]
819 Bourbon St	Renovation (Non-Structural) N/A	Retain six (6) HVAC condensers, modify condenser lines, and install screening, per attached materials stamped VCC approved 07/01/2024. NOTE: See all notes on drawings re: screening, lintels, etc.	[O] Beomjune B Kim [A] Labbe Construction Co LLC [C] Labbe Construction Company LLC
1177 Annunciation St	Renovation (Non-Structural) N/A	Non-Structural permit. No Renovation work to be done. Restaurant & Bar	[O] Handal Cast LLC [A] Kelly’s Coastal Cabana [C]
1378 Saint Anthony St	Electrical Repair / Replacement / Addition N/A	Panel change out. 125 amp. No new circuits. Main break and Bess was damaged. It was emergency work. Will be done by 8:30am 12/27 this morning Emergency Reconnect	[O] Leo Baham [A] Lawrence Lamont Jordan [C] Lawrence Lamont Jordan
1306 Treme St Apt 1A-Apt 3A	Change of Address N/A	update addresses to standards. KEEP 1306 Treme St SWBNO B033320 Change 1306 Treme St Apt 1 to 1306 Treme St Apt 1A (AM11566594) Change 1306 Treme St Apt 2 to 1306 Treme St Apt 1B (AM11566593) Change 1306 Treme St Apt 3 to 1306 Treme St Apt 1C (AM11562354) Change 1306 Treme St Apt 4 to 1306 Treme St Apt 1D (AM11562356) Change 1306 Treme St Apt 5 to 1306 Treme St Apt 2A (AM11562355) Change 1306 Treme St Apt 6 to 1306 Treme St Apt 2B (AM11562353) Change 1306 Treme St Apt 7 to 1306 Treme St Apt 2C (AM11562314) Change 1306 Treme St Apt 8 to 1306 Treme St Apt 2D (AM11562315) Change 1306 Treme St Apt 9 to 1306 Treme St Apt 3A (AM11562313) Change 1306 Treme St Apt 10 to 1306 Treme St HM (AM11562316)	[O] Blakely Scott LLC [A] Blakely Scott LLC [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.

Elifin Realty

marketing@elifinrealty.com