Shigeji Nakatsuka Of Cafec & Sanyo Sangyo Inc Acquires Retail Condos In Soho For $4.9M

The asset involved in this transaction is a retail property located at 325 West Broadway in the SoHo market. The sale was finalized for a total of $4,900,000, encompassing a total area of 3,122 square feet, resulting in a price per square foot of $1,569.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,900,000
• Address: 325 West Broadway
• Market: Soho
• Square Footage: 3,122
• Price Per Square Foot: $1,569
• Buyer: Shigeji Nakatsuka - Cafec & Sanyo Sangyo Inc
• Seller: DDG Partners
• Seller's Representatives: Bernadette Brennan, Vikrant Patel & Christopher Prokop - Serhant

Serhant Commercial effectively represented the seller, DDG Partners, in this transaction, showcasing the successful sale of two occupied retail condos — IGK Hair Salon and Lazaro Clothing — as strong investment opportunities in SoHo.