161 Prince Street

SoHo, Manhattan

Parcel ID (BBL): 1005160043

Acris records

Owner: Michael Ostad

Acquired: January 21, 2026, $18 million

Debt: January 21, 2026, $17.2 million

Built: 1908

Renovated: 2014

SF: 9,684

Dwelling units: 24

No. of buildings: 1

Class: Over Six Families With Stores (C7)

Floors: 5

Transactions:

Michael Ostad and Edward Ostad borrowed $17.2 million from Derby Copeland Capital for 161 Prince Street and 159 Prince Street, SoHo, Manhattan on January 21, 2026.

J. Safra Real Estate sold 161 Prince Street and 159 Prince Street, SoHo, Manhattan for $18 million to Michael Ostad and Edward Ostad on January 21, 2026.

Development:

• Stephen Elbaz filed major alteration job 122080238 for 8,375 sqft R-2 building with 22 apartments in SoHo, Manhattan, on January 20, 2015.

• Nurul Ahia filed alteration job M01376789 for 264 sqft RES building with 22 apartments in SoHo, Manhattan, on March 30, 2026.

• Nurul Ahia filed alteration job M01361361 for 790 sqft RES building with 22 apartments in SoHo, Manhattan, on March 02, 2026.

• Nurul Ahia filed alteration job M01355157 for 253 sqft RES building with 22 apartments in SoHo, Manhattan, on February 20, 2026.

• Nurul Ahia filed alteration job M01355156 for 449 sqft RES building with 22 apartments in SoHo, Manhattan, on February 20, 2026.

• Stephen Elbaz filed alteration job 140451348 for RES building with 24 apartments in SoHo, Manhattan, on January 21, 2016.

Violations:

According to city public data, the properties have received four housing violations and $210 in OATH penalties in the last year.

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