Acadia Realty Trust pays $15M to Thor Equities, Premier Equities for retail condo in Soho

Acadia Realty Trust through the entity 37 Greene Street Owner LLC paid Thor Equities, Premier Equities’s Premier 39 Greene Realty LLC $15.4 million for 37 Greene Street in Soho. The deal closed on January 9, 2020, and was recorded on January 23, 2020. The transaction consists of 1 retail condominium. The property is 3,343 square feet. The parcel(s) have total development potential of 3,343 square feet.
The average sale price per square foot is $4,609.

The last time the property sold was June 8, 2015, for $12,000,000. Acadia is investing heavily in Soho.

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