The Pulse NOLA: Whitney Parking Garage sells in the CBD

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

Commercial Sales Recorded Last Week

2325 N Hullen St
2325 N Hullen St

Type: Office
Price: $1,037,500 ($98.81 / SF)
Buyer: POL BUILDING LLC
Elifin’s Notes: An Arkansas-based entity purchases a multi-tenant commercial property within the Athania Place Annex area of Metairie

1411 Claire Ave
1411 Claire Ave

Type: Land
Price: $775,000 ($10.40 / Land SF)
Buyer: AM PLAZA LLC
Elifin’s Notes: Local entity purchases 1.7+ acres of vacant commercial land in the Hero subdivision of Gretna

1527 Euterpe St
1527 Euterpe St

Type: Multifamily
Price: $475,000 ($95,000 / Unit)
Buyer: TARANTO, SCOTT MATTHEW; TARANTO, JEFFREY LLOYD
Elifin’s Notes: A pair of local investors purchase a 5-unit multifamily property in the Lower Garden District

8070 Crowder Blvd
8070 Crowder Blvd

Type: Office
Price: $340,000 ($71.43 / SF)
Buyer: CENTRAL HOME HEALTH LLC
Elifin’s Notes: Central Home Health purchases an office property along Crowder Boulevard in the Little Woods area

938 Hancock St
938 Hancock St

Type: Mixed-Use
Price: $320,000 ($83.12 / SF)
Buyer: 938 HANCOCK PROPERTIES LLC
Elifin’s Notes: A local pair of investors purchase a retail restaurant property with a 3BR/1BA residential unit in Gretna

8303 I 10 Service Rd
8303 I 10 Service Rd

Type: Land
Price: $250,000 ($7.99 / Land SF)
Buyer: FRANKLIN AVENUE BAPTIST CHURCH
Elifin’s Notes: The Franklin Avenue Baptist Church entity purchases a 0.7+ acre parcel of vacant commercial land in the West Lake Forest area of New Orleans East

8010 Crowder Blvd
8010 Crowder Blvd

Type: Office
Price: $231,000 ($78.57 / SF)
Buyer: LA PROPERTY TEAM L L C
Elifin’s Notes: Local entity purchases an office property in the Little Woods area

632 Gravier St
632 Gravier St

Type: Retail
Price: Withheld
Buyer: ST CHARLES GARAGE LLC
Elifin’s Notes: The Whitney Parking Garage sells in the CBD along Gravier Street

2431 Bienville St
2431 Bienville St

Type: Multifamily
Price: Withheld
Buyer: 2431 BIENVILLE LLC
Elifin’s Notes: Local investor purchases a 5-unit multifamily property in the Tulane/Gravier area

1742 Clio Street
1742 Clio Street

Type: Multifamily
Price: Withheld
Buyer: 1738 42 CLIO LLC
Elifin’s Notes: Local investor purchases an 8-unit multifamily property in the Central City area


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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