Neil Morton Acquires Retail Property At 29 Greene Street In SoHo Manhattan For $17.9M
29 Greene Street
$17,900,000
$1,823/SF
Building Size
9,819 SF
Asset Type
Retail
Closing
Feb 9, 2026
AI
Neil Morton purchased a retail property located at 29 Greene Street in SoHo, Manhattan. The asset spans 9,819 square feet and was transacted for $17,900,000, translating to a price per square foot of $1,823. The sale was finalized on February 9, 2026, with Michiel Maes acting as the seller.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $17,900,000
- Sale Date: February 9, 2026
- Buyer: Neil Morton
- Seller: Michiel Maes
- Square Footage: 9,819
- Price per Square Foot: $1,823
- Address: 29 Greene Street
- Market: SoHo, Manhattan
In this transaction, Michiel Maes served as the seller, while Neil Morton was the buyer, facilitating this real estate deal in the Manhattan market. Each party played a significant role in the transfer of the retail asset.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.89%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93