Acadia Realty Trust Acquires Soho Retail Condo On 565 Broadway For $28M

A retail condo located at 565 Broadway in Soho has been sold for a total price of $28,000,000. The property spans 4,500 square feet, resulting in a price per square foot of $6,222. The buyer of the retail condo is Acadia Realty Trust, represented by Ken Bernstein, while the seller is Donald Soffer.

Summary of transaction details

• Property Type: Retail Condo
• Transaction Amount: $28,000,000
• Square Footage: 4,500
• Price Per Square Foot: $6,222
• Address: 565 Broadway
• Market: Soho

Ken Bernstein from Acadia Realty Trust acted as the buyer's representative in the transaction. The retail condo at 565 Broadway was sold to Acadia Realty Trust by Donald Soffer.