Project Description

Wm. Brady McGill Closes $2.42+ Million Investment Sale

New York Plaza: ±33,465 SF building in Historic Downtown DeLand, FL sells to NYC Investor

January 2019 – Wm. Brady McGill, CPM of First Capital Property Group, Inc. (FCPG) completed the investment sale of New York Plaza; a three-story, ±33,465 SF mixed-use building in Historic Downtown DeLand, Florida (100 E. New York Ave., DeLand, FL 32724). The sale transaction closed the day after Christmas (Dec. 26, 2018) for a purchase price of $2,425,000.

McGill represented the Seller (‘New York Plaza, LLC’), an Australian group of investors. The Buyer (‘DeLand 100 Plaza, LLC’) was an investor from New York City.
FCPG has been retained by the Buyer as the management and leasing agent at the property.

New York Plaza
First Capital Property Group, Inc. is a Full-Service Real Estate company leasing and managing over 2 million square feet of commercial property in Central Florida. The information contained herein is believed to be reliable; however, First Capital makes no representations or warranties, expressed or implied, regarding its accuracy. ©2019 First Capital Property Group, Inc. – Licensed Real Estate Brokers.