Meadow Partners acquires Soho retail condo from 60 Guilders valued at $10.9M

Meadow Partners through the entity 542 Broadway Lender LLC acquired from 60 Guilders’s 60G 542 Broadway Holdings, LLC a retail condominium unit valued at $10.9 million at 542 Broadway in Soho. Meadow had been 60 Guilders’ lender. The deal closed on June 11, 2020, and was recorded on June 22, 2020. The transaction consists of 1 parcel, including the tax class commercial condo recorded in Acris (CC). The property is 6,858 square feet.
The average sale price per square foot is $1,589.

60 Guilders acquired an interest in the retail at 542 Broadway in 2015, and Meadow Partners provided at least $12.8 million in construction and a first mortgage financing.

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