Acadia Realty Trust Acquires Retail Space At 92 Greene Street For $44 Million

The property asset involved in this transaction is a retail space located at 92 Greene Street in the Soho market. The sale price of the asset was $44,000,000, with a total area of 7,904 square feet, resulting in a price per square foot of $5,566.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $44,000,000
• Square Footage: 7,904
• Price per Square Foot: $5,566
• Buyer: Acadia Realty Trust - Sarah Lynch
• Seller: Continental Ventures - Jan Gol
• Brokers: Brett Siegel, Evan Layne, Ariel Schuster & Adam Spies - Newmark
• Date of Transaction: 10/21/2024
• Address: 92 Greene Street

The individuals involved in the deal include Sarah Lynch representing Acadia Realty Trust as the buyer and Jan Gol representing Continental Ventures as the seller. The brokerage team from Newmark facilitated the transaction with Brett Siegel, Evan Layne, Ariel Schuster, and Adam Spies being the representatives.