Michael Alvandi Of City Urban Realty Purchases Retail Property At 83 Thompson Street For $5.6M

The retail property at 83 Thompson Street in SoHo, Manhattan, has a sale price of $5,600,000. This property spans 2,487 square feet, making the price per square foot $2,252.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,600,000
• Address: 83 Thompson Street
• Market: SoHo, Manhattan
• Square Footage: 2,487
• Price per Square Foot: $2,252
• Buyer: Michael Alvandi - City Urban Realty
• Seller: Brian Shatz & Josh Zegen - Madison Realty Capital; Abe Shnay & Scott Shnay - SK Development & CB Developers

The transaction involved buyer Michael Alvandi representing City Urban Realty, acquiring the property from a group of sellers that includes Brian Shatz and Josh Zegen from Madison Realty Capital, alongside Abe Shnay and Scott Shnay from SK Development and CB Developers.