Bestreich Realty Group Brokers Sell Mixed-Use Property In Greenwich Village For $11.2M

The mixed-use property located at 218-220 Thompson Street in Greenwich Village has been sold for a total price of $11,200,000. The asset spans a total area of 18,375 square feet, resulting in a price per square foot of $609. The transaction took place on October 29, 2021.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $11,200,000
• Square Footage: 18,375
• Price per Square Foot: $609
• Address: 218-220 Thompson Street
• Market: Greenwich Village

The property was sold by The Mickenberg Family. The deal was facilitated by the real estate brokerage firm Bestreich Realty Group, with brokers Adam Lobel, Zachary Ziskin, Justin Zeitchik, and Eli Zempsky representing the seller. The transaction resulted in a capitalization rate of 3.55%.