Alexander Seligson's 157 Chambers Retail, LLC Acquires Tribeca Condo For $5M

Alexander Seligson's company, 157 Chambers Retail, LLC, purchased two retail condominium units at 157 Chambers Street in Tribeca, Manhattan from Sumeet Parekh's company, HP Investors, for $5 million. The property, located in the Tribeca neighborhood, offers a total square footage of 5,084 square feet. With a price per square foot of $983, this transaction represents a significant investment in the vibrant Tribeca market.

Summary of transaction details

• Property Type: Condo
• Transaction Amount: $5,000,000
• Square Footage: 5,084
• Price per Square Foot: $983
• Address: 157 Chambers Street, Tribeca, Manhattan

This deal was facilitated through Hpa 157 Chambers Retail LLC, a representative of 157 Chambers Retail, LLC. It is worth noting that the ownership of 157 Chambers Retail, LLC remains undisclosed for the time being. The acquisition of these retail condos at 157 Chambers Street demonstrates a strategic move by Alexander Seligson's company to expand its presence in the Tribeca market.