Athena Vrettos Acquires Retail Condos In Tribeca And East Village For $20.1M

271 Church Street, New York, NY, USA

$20,100,000

$1,979/SF

Building Size

10,153 SF

Asset Type

Mixed-use

Closing

Jul 17, 2018

AI

The retail condos located at 271 Church St and 13 First Ave in New York have been sold in a closed transaction. The total selling price for these properties was $20,100,000. The combined total square footage of both properties is 10,153. The Church St property spans 7,774 square feet and is currently occupied by three tenants including Sweaty Betty, Tracy Anderson, and Quick Cryo. The First Ave property spans 2,379 square feet and is occupied by BoilermakerNYC, Lazy Llama, and a juice bar.

Summary of transaction details

Property Type: Retail Condos
Transaction Amount: $20,100,000
Total Square Footage: 10,153
Addresses: 271 Church St & 13 First Ave
City: New York
Markets: Tribeca & East Village

The seller of these retail condos was Premier Equities, owned by Yaron Jacobi and Uzi Ben-Abraham. The buyer, Athena Vrettos, acquired the properties through the help of Vickram Jambu, Chris Varjan, and Itan Rahmani, who represented VCPRE in the transaction as brokers.

Players