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

Property Image
SOLD
$11,350,016
Brian Segall
Yaron Jacobi
+ 1

New York

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3,345 SF
Sold 11/08/2019
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Property Image
SOLD

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

45 Greene St, New York, NY 10013, USA

See Similar Deals
3,345 SF
Sold 11/08/2019
Brian Segall
Yaron Jacobi
+ 1
Contact now

Summary

NEW YORK
Price Per Square Foot:$3,393
Total Square Footage:3,345 SF
Transaction Type:Sale

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.

Players

Brian Segall
14 deals$175.2M volume
BROKER

George Martinecz
Newmark
10 deals$66.9M volume
BROKER

Acadia Realty Trust
BROKERAGE

Ken Bernstein
Acadia Realty Trust
4 deals$96.2M volume
BUYER

Yaron Jacobi
Premier Equities
10 deals$138.6M volume
SELLER

Details

SOLD
IMAGE: Yaron Jacobi, George Martinecz, Kenneth Bernstein & Brian Segall DATE: 11/08/2019 ADDRESS: 45 Greene Street MARKET: SoHo ASSET TYPE: Retail Condo SELLER: Premier Equities – Yaron Jacobi BUYER: Acadia Realty Trust – Ken Bernstein BROKERS: Brian Segall, George Martinecz SALE PRICE: $11,350,016 SF: 3,345 (2,110 SF on ground floor) PPSF: $3,395 ?

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