1424 West Broadway Sells in $19.8MM Deal

1424 West Broadway, more commonly known as the Joeys Broadway, has sold for $19,800,000 to the Value Group. The 15,265 SF C-3A zoned site was previously sold in 2014 for $14,300,000. Joeys lease expires in 2019, though there is no word on redevelopment plans for the property.

The property had been listed for sale by Colliers in late 2015, and received multiple offers. The adjacent property at 1448 West Broadway was also listed for sale.