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

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SOLD
$11,200,000

New York

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

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

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Mixed-use25,000 SF
Sold
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$448
Total Square Footage:25000 SF
Transaction Type:Sale

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

Charles Chang
13 deals$151M volume(646) 330-5802
BROKER

Josh Goldflam
Highcap Group
26 deals$266.4M volume
BROKER

Jason Krane
Ackman-Ziff
9 deals$893.5M volume
BROKER

Maxim Capital Group
LENDER

Details

SOLD
IMAGE: Matthew Pazzaglini, Atit Javeri, Jason Schottenfeld & Josh Goldflam DATE: 06/17/2021 ADDRESS: 33-35 Howard Street MARKET: SoHo ASSET TYPE: Mixed-use BUYER: Javeri Capital (@JaveriCapital) - Atit Javeri (@AJaveri2); HudsonPoint Group(@HudsonPointGroup) - Jason Schottenfeld (@JSchottenfeld) & Matthew Pazzaglini (@MattPazzaglini) SELLER: Jeffrey Spitzer - Jergil Mfg. Corp. BROKERS: Josh Goldflam (@JoshGoldflam) & Charles Chang - Highcap Group (@Highcap_Group) SALE PRICE: $11,200,000 BSF: 25,000 ~ PPBSF: $448 SF: 15,900 ~ PPSF: $704 NOTE: Former home of @OpeningCeremony 👕 👖 👟

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