Thor Equities Acquires Retail Property In New York City For $7.9M

Thor Equities has acquired a retail property located at 470 Broadway in New York City. The asset spans across 6,664 square feet and was sold for a total price of $7,900,000. This translates to a price per square foot of $1,185.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $7,900,000
• Address: 470 Broadway, New York City
• Market: New York City

The buyer, Thor Equities, completed the acquisition with the representation of Cushman & Wakefield. The deal was facilitated by brokers Hunter Moss, Bobby Carrozzo, Michael Gembecki, and Robert Burton.