Joshua Greenberg Acquires Mixed-use Property In Tribeca From Dennis Pantzer For $2.9M

A mixed-use property located at 141 West Broadway in the Tribeca market has been sold for $2,900,000. The asset comprises 1 commercial unit and 2 residential units, totaling 3 units with a square footage of 2,500. The price per unit is $966,667, and the price per square foot stands at $1,160.

Summary of transaction details:

• Property Type: Mixed-use (1 Commercial & 2 Residential)
• Transaction Amount: $2,900,000
• Buyer: Joshua Greenberg
• Seller: Dennis Pantzer
• Broker: Matthew D. Homapour
• Buyer’s Attorney: Bryan Anderson - Anderson Law
• Units: 3
• Square Footage: 2,500
• Price Per Unit: $966,667
• Price Per Square Foot: $1,160

The property features two full floor apartments and one retail store. The upstairs units will be delivered vacant, while the retail space is set to vacate soon after closing to be rerented. Additionally, the property has air rights for two additional floors as of right, with no front or rear setbacks needed due to its shallow lot. It is situated next to the iconic Cafe Odeon.