Acadia Realty Trust Acquires Retail Condo On Greene Street In SoHo For $11.35M

A retail condo located at 45 Greene Street in SoHo was recently sold in a closed property transaction. The property, measuring 3,345 square feet (with 2,110 square feet on the ground floor), was sold for a total price of $11,350,016, resulting in a price per square foot of $3,395. The transaction involved Premier Equities, represented by Yaron Jacobi, as the seller, and Acadia Realty Trust, represented by Ken Bernstein, as the buyer. The deal was facilitated by brokers Brian Segall and George Martinecz.

Summary of transaction details

• Property Type: Retail Condo
• Transaction Amount: $11,350,016
• Address: 45 Greene Street
• Market: SoHo
• Square Footage: 3,345 (2,110 SF on ground floor)
• Seller: Premier Equities - Yaron Jacobi
• Buyer: Acadia Realty Trust - Ken Bernstein
• Brokers: Brian Segall, George Martinecz

This transaction exemplifies the active real estate market in SoHo, where retail condos are in demand. Yaron Jacobi, representing Premier Equities, successfully sold the property to Acadia Realty Trust, which was represented by Ken Bernstein. The involvement of brokers Brian Segall and George Martinecz further facilitated the deal.