131-133 Prince Street
Read the full 131-133 Prince Street case study
This page has the numbers. The case study has the story behind them: how we ran the process, who was in the bidder pool, and what it took to get the deal closed.
View 131-133 Prince Street case study →Transaction Overview
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.
Property Details
Transaction Value
$50M
Square Footage
3,000 SF
Price per SF
$16,667
Year Closed
2014
Asset Type
Retail
Deal Type
Investment Sale
Property Type
Retail Condo
Location
New York
Transaction Parties
Louis Meisel
New York, NY
40.7256, -74.0003
Interested in Similar Opportunities?
Tell us what you buy, and we will source off-market properties that fit your criteria.
Contact Our TeamView Closed DealsTransaction Highlights
Planning Your Next Sale or Acquisition?
Selling quietly or buying off-market, you deal directly with Robert Khodadadian. Every assignment is senior-led and confidential, with a network of qualified Manhattan buyers behind it.
Press Coverage
Press citations: 131-133 Prince Street
3 press features covering the $50M transaction.
SoHo Retail Co-op Acadia Prince Street
Acadia closes on SoHo retail co-op at Prince Street.
Acadia Closes $50M Purchase of SoHo Retail Co-ops
131-133 Prince Street retail co-op trades in major SoHo transaction to Acadia Realty Trust.
Acadia in Lead to Land SoHo Retail Co-op for $50M
131-133 Prince Street retail co-op in contract to Acadia Realty Trust at $16,667 per square foot.