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Hildreth Real Estate Advisors Acquires Mixed-use Property In Soho For $5.3M

424 West Broadway
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This Retail property located in NY was sold for $5,300,000 about 2 years ago. The brokers of the deal were Ben Biberaj, Elliot Wygoda, and Brandon Polakoff

424 W. Broadway, located in the Soho market, was recently sold in a closed transaction. The mixed-use property spans 5,250 square feet and was sold for a price of $5,300,000, resulting in a price per square foot of $1,009.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $5,300,000
  • Address: 424 W. Broadway
  • Market: Soho

The buyer, Hildreth Real Estate Advisors, was represented by David Shorenstein, Jason Breitstone, Max Padway, and Ethan Frank. On the other hand, the seller in this transaction was David Brown. Brandon Polakoff from Avison Young acted as the broker.

Hildreth Real Estate Advisors, the buyer in this transaction, expressed their active interest in off-market transactions in Manhattan, encouraging potential sellers to send new opportunities to [email protected].

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Deals
  • Location
    424 West Broadway, New York City, New York 10012, United States424 West Broadway, New York City, New York 10012, United States
  • Sale Price
    $5,300,000$5,300,000
    $751 PPSF$751 PPSF
  • Area
    7,050 SF7,050 SF
  • Asset Type
    RetailRetail
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

Elliot Wygoda

Elliot Wygoda

Deals38
Sold$5.3M

Agencies

Meridian Capital Group

Meridian Capital Group

Agency
Deals2353
Volume$65.3B

Avison Young

Avison Young

Agency
Deals802
Volume$16.5B

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Deal Summary

SALE IMAGE: Max Padway, Ethan Frank, David Shorenstein, Brandon Polakoff & Jason Breitstone DATE: 02/18/2022 ADDRESS: 424 W. Broadway MARKET: Soho ASSET TYPE: Mixed-use BUYER: Hildreth Real Estate Advisors - David Shorenstein (@Shoreshot1), Jason Breitstone (@Jabstone), Max Padway (@Max_Padway) & Ethan Frank (@FrankTheTank_55) SELLER: David Brown BROKER: Brandon Polakoff - Avison Young SALE PRICE: $5,300,000 SF: 5,250 ~ PPSF: $1,009 NOTE FROM BUYER: HREA is actively seeking more off-market transactions in Manhattan. Please send new opportunities to [email protected]

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424 West Broadway

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