Abe Lipshitz & Abe Greenhut Acquire Retail Property In West Village For $13M

Located in the West Village, the retail property at 230 Varick Street, also known as 80 Carmine Street/63 Downing Street, has been sold in a recent transaction. The property offers a total square footage of 13,029, with 8,179 square feet above grade. The transaction price for this retail asset was $13,000,000, resulting in a price per above grade square foot of $1,589 and a price per total square foot of $997.

Summary of Transaction Details

• Property Type: Retail
• Transaction Amount: $13,000,000
• Above Grade Square Footage: 8,179
• Price per Above Grade Square Foot: $1,589
• Total Square Footage: 13,029
• Price per Total Square Foot: $997

The buyer of this retail property is Abe Lipshitz and Abe Greenhut. On the other hand, the seller is Bridge Investment Group. The deal was facilitated by the brokerage team of Ian Brooks, Michael Gembecki, and Robert M. Shapiro from Cushman & Wakefield.