Acadia Realty Trust pays $12M to Thor Equities, Jenel Real Estate and Premier Equities for Soho retail condo

Acadia Realty Trust through the entity 45 Greene Street Owner LLC paid Thor Equities, Jenel Real Estate and Premier Equities $12.2 million for 45 Greene Street in Soho. The deal closed on November 8, 2019, and was recorded on November 13, 2019. The transaction consists of one condominium unit. The property is 3,430 square feet.
The average sale price per square foot is $3,550.
The estimated cap rate is 2.2%
The last time the property sold was April 6, 2016, for $9,000,000.
RKF’s Brian Segall, George Martinecz brokered the sale, according to TradedNY.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link