JP Real Estate Group USA Acquires Mixed-Use Property At 75 Thompson Street For $17M

This mixed-use property located at 75 Thompson Street in Soho, Manhattan, was sold for $17,000,000. The asset comprises 22 units with a total square footage of 13,416, translating to a price per unit of $772,727 and a price per square foot of $1,267.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $17,000,000
• Address: 75 Thompson Street
• Market: Soho, Manhattan
• Units: 22
• Square Footage: 13,416
• Price Per Unit: $772,727
• Price Per Square Foot: $1,267
• Buyer: JP Real Estate Group USA
• Seller: Alex Rabin & David Gomez - PEAK Capital
• Seller's Representative: Brandon Polakoff - Avison Young

In this transaction, JP Real Estate Group USA acquired the property from the sellers Alex Rabin and David Gomez of PEAK Capital. The seller's interests were represented by Brandon Polakoff from Avison Young, overseeing the deal.