CoFinance Group And Kings Capital Acquire Mixed-Use Property In Soho For $21 Million
New York
See Similar DealsCoFinance Group And Kings Capital Acquire Mixed-Use Property In Soho For $21 Million
392 West Broadway
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The property asset involved in this transaction is a mixed-use building located at 392 West Broadway in Soho, Manhattan. It was sold for a price of $21,000,000 and features a total square footage of 16,678, which results in a price per square foot of $1,259.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $21,000,000
- Address: 392 West Broadway
- Market: Soho, Manhattan
- Square Footage: 16,678
- Price per Square Foot: $1,259
- Buyers: Alex de Montebello - CoFinance Group; George Giannopoulos & Jeff Znaty - Kings Capital
- Seller's Representatives: Bobby Carrozzo, Michael Gembecki, Brett Weisblum, Evan Lush & Robert Burton - Cushman & Wakefield
The parties involved in this deal include a joint venture directed by CoFinance Group and Kings Capital, who are planning to convert the existing building into an exclusive, luxury boutique condominium. The seller's representation was managed by a team from Cushman & Wakefield, highlighting their role in facilitating this high-value transaction.
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