Joel Schreiber Sells Retail Properties On Mercer Street In Soho For $21M

The sale of the retail property located at 41 & 43 Mercer Street in Soho has been finalized. The property, spanning 9,065 square feet, was sold for a total of $21,000,000. This equates to a price per square foot of $2,317. The building's total square footage stands at 18,590, resulting in a price per buildable square foot of $1,130.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $21,000,000
• Address: 41 & 43 Mercer Street, Soho
• Market: Soho

The seller of the property is Joel Schreiber. The transaction was facilitated by Peter Weisman of Sinvin Real Estate. Peter Weisman has been actively involved in the off-market Soho property market, with a total of $42,750,000 worth of properties brokered in the last year. For inquiries regarding the market or potential opportunities, Peter Weisman can be reached at 212-300-3077 or via email at [email protected].