Jan
19

Soho Retail Condo Sold for Over $24K PSF

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Invesco Real Estate has purchased a 4,500-square-foot spot at 139 Spring St. for over $110 million.

NEW YORK CITY—A Soho retail condominium has traded hands for over $24,000 per square foot.

Invesco Real Estate has purchased a 4,500-square-foot spot at 139 Spring St. for over $110 million from Spring & Wooster Co. The seven story-story pre-war boutique loft building houses Chanel as the ground floor tenant. Ezra Saffati, principal of Majestic Acquisitions, represented both the buyer and seller in this transaction.

Located on the corner of Spring Street and Wooster Street, the property consists of 54 feet of frontage with four full-size display windows on Spring Street and an additional 100 feet of frontage on Wooster Street, with nine full-size display windows…

Soho Retail Condo Sold for Over $24K PSF

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