Atlantic Investors sells 50 Sullivan Street Soho townhouse for $12M

Rachel and Calvin Hayes paid Arthur Becker’s Atlantic Investors LLC $12.3 million for 50 Sullivan Street in Soho. The deal closed on September 13, 2019, and was recorded on October 1, 2019. The transaction consists of 1 parcel, including the tax class single-family, mansion type (A7). The property is 18,232 square feet. The parcel(s) have total development potential of 18,232 square feet.
The average sale price per square foot is $1,073.

The last time the property sold was August 4, 2016, for $12,933,334.
The DOB issued a new construction (NB) initial temporary certificate of occupancy for the building with one residential unit on March 16, 2018.
Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000.There has been one new building permit application totaling 4,184 square feet. Those plans include a total of one residential unit.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link
A recent story on the property. link.

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