TransactionVerifiedAcadia Closes $50M Purchase of SoHo Retail Co-ops
131-133 Prince Street retail co-op trades in major SoHo transaction to Acadia Realty Trust.
Sale Price
3,000 SF
Square Feet
2014
Year
Retail
Asset Type
131-133 Prince Street - Retail Condo | Buyer: Acadia Realty Trust
Read the Full Article on Commercial Observer
Commercial Observer first published this story on August 15, 2014. Use the link below for the full transaction coverage on the outlet's site.
Read on Commercial ObserverTransaction Details: 131-133 Prince Street
The property in this transaction is 131-133 Prince St, New York, a SoHo retail co-op. The deal closed on August 31, 2014, at a total price of $50,000,000 ($16,667/SF, a record at the time for SoHo retail). Summary of transaction details: Property Type: Retail Co-op Transaction Amount: $50,000,000 Buyer: Acadia Realty Trust Seller: Lou Meisel Brokers: Robert Khodadadian - Skyline Properties Acadia Realty Trust bought the space from Lou Meisel. Robert Khodadadian of Skyline Properties brokered the deal and represented the seller.
More Coverage of 131-133 Prince Street
2 additional articles about this property
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About Skyline Properties
Manhattan’s Off-Market Investment Sales Authority, specializing in off-market investment sales, 99-year ground leases, and office-to-residential conversions.
Robert Khodadadian
One of New York's leading off-market investment sales brokers, with over $976M in closed transactions. His deals include 99-year ground leases and office-to-residential conversions.
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Frequently Asked Questions
- Who brokered this transaction?
- Robert Khodadadian of Skyline Properties brokered this 131-133 Prince Street transaction. Skyline Properties has closed $976M+ across 32+ off-market commercial deals in Manhattan and Brooklyn, including 6 East 43rd Street ($135M), 101 Greenwich Street ($105M), 530 West 25th Street ($72M), 236 Fifth Avenue ($65M), and 131-133 Prince Street ($50M).
- How does Skyline Properties source off-market deals?
- Over 20+ years, Skyline Properties has built one of NYC's deepest off-market origination practices. Robert Khodadadian works confidentially with owners, family offices and institutional sellers, bringing them buyers he has already qualified, with no public marketing. Robert is the 2025 RED Awards Off-Market Investment Sales Broker of the Year.
- How do I work with Skyline Properties on a similar deal?
- Email info@skylineprp.com or call (212) 537-9239 to talk through a confidential opportunity. Skyline Properties takes buyer mandates and seller assignments in multifamily, office, retail, development sites, ground leases and office-to-residential conversions across Manhattan and Brooklyn.
Read the original Commercial Observer coverage in full.
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