A local, low-priced supermarket has purchased a 12, 000-square-foot retail condominium at HAP Investments’ 2211 Third Avenue in East Harlem, Commercial Observer has learned.
Super Fi Emporium paid $10 million for the retail condo at the building between East 120th and East 121st Streets, which is currently under development, HAP Investments, lead by Eran Polack, Amir Hasid and Nir Amsel, announced in a press release. The space will be on the ground floor of the mixed-use building.
Super Fi Emporium has another location at 1635 Lexington Avenue between East 103rd and East 104th Streets.
When 2211 Third Avenue is done, the 120, 000-square-foot building will have 78, 000 square feet dedicated to rental apartments, 80 percent of which will be market rate and 20 percent earmarked for affordable housing. There will be 26, 000 square feet of office and retail space, including the Super Fi Emporium space, according to HAP Investments, as well as 5, 000 square feet of parking.