Artifact Group Acquires Mixed-Use Building At 75 Essex Street For $17.8M From Nathan Weinberger

A mixed-use building located at 75 Essex Street in Manhattan's Lower East Side was involved in a closed transaction. The asset was sold for $17,800,000, encompassing a total square footage of 12,876 with a price per square foot of $1,382.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $17,800,000
• Address: 75 Essex Street
• Market: Lower East Side
• Buyer: Artifact Group
• Seller: Nathan Weinberger - SoftStone Development
• Sale Date: 03/26/2026

Artifact Group, through Artifact No. 75 LLC, has taken ownership of the property, which was acquired from Soft Stone Development and Eisner Bros. The buyer has outlined plans for redevelopment of the building post-acquisition.