Javeri Capital, HudsonPoint Group Acquires Mixed-use Property In SoHo For $11.2M

33-35 Howard Street, Manhattan, New York, NY, USA

$11,200,000

$448/SF

Building Size

25,000 SF

Asset Type

Mixed-use

Closing

Jun 16, 2021

AI

The mixed-use property located at 33-35 Howard Street in SoHo has been sold in a recent transaction. The property features a total building square footage of 25,000 and a price per square foot of $448. The sale price for the property was $11,200,000, and it has a total lot size of 15,900 square feet with a price per square foot of $704. The former home of @OpeningCeremony, this property offers a unique investment opportunity in a prime location.

Summary of transaction details:

Property Type: Mixed-use
Transaction Amount: $11,200,000
Address: 33-35 Howard Street
Market: SoHo
BSF: 25,000
PPBSF: $448
SF: 15,900
PPSF: $704

The buyer of the property is Javeri Capital, represented by Atit Javeri, and HudsonPoint Group, represented by Jason Schottenfeld and Matthew Pazzaglini. The seller is Jeffrey Spitzer of Jergil Mfg. Corp. The transaction was facilitated by brokers Josh Goldflam and Charles Chang from Highcap Group. This successful deal brings together key individuals and companies in the real estate industry, providing a testament to their expertise and negotiation skills.

Players