Robert Khodadadian — Skyline Properties — Manhattan Commercial Real Estate — 131-133 Prince Street
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View 131-133 Prince Streetcase study →Transaction Overview
The property asset involved in this transaction is located at 131-133 Prince St, New York. It is classified as a SoHo retail co-op asset. The transaction was finalized on August 31, 2014, for 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 This transaction highlights the involvement of Acadia Realty Trust as the buyer and Lou Meisel as the seller. The deal was facilitated by broker Robert Khodadadian from Skyline Properties, who represented the interests of the seller in this transaction.
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
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Press Coverage
Press citations: 131-133 Prince Street
3 canonical press features documenting 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.