Silverstar Properties Acquires Retail Property In Tribeca For $5.75M
326-332 Canal Street & 39-41 Lispenard Street
Retail
5,500 SF
5,500 SF
Sold 1 year ago
Summary
The retail property located at 326-332 Canal St. & 39-41 Lispenard St. in Tribeca has been sold for a price of $5,750,000. The property spans approximately 5,500 square feet and has a price per square foot of $1,045. The transaction took place on 07/08/2022 and the property was purchased by Silverstar Properties.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,750,000
- Market: Tribeca
- Address: 326-332 Canal St. & 39-41 Lispenard St.
- Square Footage: 5,500
- Price per Square Foot: $1,045
The sale of this retail property was facilitated by Amit Doshi & Chirag Doshi of the Meridian Capital Group. They represented the buyer, Silverstar Properties, in this transaction. This deal had a cap rate of 6.25%.
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326-332 Canal Street & 39-41 Lispenard Street
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