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NEW YORK CITY — First Atlantic Real Estate has purchased an approximately 22,000-square-foot mixed-use property in Manhattan's Meatpacking District at 344-346 W. 14th St. in New York City for $23.25 million. Grubb & Ellis' Vincent Carrega, Neil Helman, Jason Meister and Charles Kingsley represented the seller, Real Estate Equities Corp., in the transaction, while First Atlantic was self represented. The property features 20 residential units and two retail spaces featuring selling basements. The six-story property sold with a cap rate at 5.45 percent.