Acadia Realty Trust Acquires Retail Condo In Soho For $24.8M
SOLD
$24,800,000
+ 1
Florida
See Similar Deals4,300 SF
Sold 08/12/2019
SOLD
Acadia Realty Trust Acquires Retail Condo In Soho For $24.8M
47 Greene St #49, New York, Ny 10013, Usa
See Similar Deals4,300 SF
Sold 08/12/2019
+ 1
Summary
FLORIDA
Price Per Square Foot:$5,767
Total Square Footage:4,300 SF
Transaction Type:Sale
Acadia Realty Trust has acquired a retail condo in Soho for $24,800,000. The property, located at 47-49 Greene Street, spans 4,300 square feet. This transaction represents a price per square foot of $5,767.
Summary of transaction details
- Property Type: Retail Condo
- Transaction Amount: $24,800,000
- Address: 47-49 Greene Street
- Market: Soho
The retail condo on Greene Street was sold by EMP Capital, represented by Elie Pariente. George Martinecz, Brian Segall, and Ike Bibi acted as brokers in the deal.
Players
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,322,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$88,109.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$117,564.65
Annual Debt Service$1,410,775.83
Is there something missing? Send suggestions