Getzy Neustadt Of NewDay Management Acquires Retail Space At 150 Rivington Street For $3.5M

The property asset involved in this transaction is a retail space located at 150 Rivington Street in the Lower East Side market. The transaction closed at a sale price of $3,500,000, representing a total square footage of 8,195, which equates to a price per square foot of $427.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $3,500,000
• Address: 150 Rivington Street
• Market: Lower East Side
• Square Footage: 8,195
• Price per Square Foot: $427
• Buyer: Getzy Neustadt - NewDay Management
• Seller: Arthur Stern
• Seller's Representative: Andreas Efthymiou, Stephen R. Preuss Sr., Richard Skulnik, Lindsay Zegans & Jack Rovner - Ripco

The deal involved key individuals including buyer Getzy Neustadt of NewDay Management and seller Arthur Stern. The seller’s representation was provided by a team from Ripco, which included Andreas Efthymiou, Stephen R. Preuss Sr., Richard Skulnik, Lindsay Zegans, and Jack Rovner, highlighting a collaborative effort in the transaction.