Rachel Brill Of Glacier Equities Acquires Cast Iron Loft Office Building For $19.5M

36 East 12th Street is a cast iron loft office building located in Manhattan, built in 1894. The seven-story structure features an ornately detailed cast-iron and brick façade and was sold for $19,500,000. The property encompasses a total of 32,241 square feet, resulting in a price per square foot of $604. The sale marks the first transaction of this asset in over 75 years and offers a prime opportunity for residential conversion in one of Greenwich Village's most coveted blocks.

Summary of transaction details:

• Property Type: Cast Iron Loft Office Building
• Transaction Amount: $19,500,000
• Address: 36 East 12th Street
• Market: Manhattan
• Size: 32,241 SF
• Price per SF: $604
• Buyer: Rachel Brill - Glacier Equities
• Brokers: Amit Doshi & Chirag Doshi - Meridian Capital Group

The transaction was facilitated by brokers Amit Doshi and Chirag Doshi from Meridian Capital Group, representing the sale of this historic property. Their involvement underscores the significance of this deal in a market context, adding a layer of expertise in navigating the complexities inherent in such a unique property sale.