Page 30 - Venture Capital Properties

Broadway SeCond avenue new york, new york new york, new york Address Address 180 Broadway 1592-94 Second Avenue New York, New York New York, New York Sales Price Sales Price $13,600,000 $14,000,000 Building Size Building Size 27,000 SF + 16,655 BSF 85,089 SF Building Use Building Use Office and Retail Mixed-Use Seller Seller Globe Institute of Technology Private Investor Buyer Buyer SL Green Realty, Jeff Sutton, Private Investor Tri State Equities 180 Broadway is a prime 12-story elevator office building located in This contiguous corner three-building package with four stores and 28 Downtown, Manhattan. This investment property features one retail apartments on a prime Lower East Side corner. This property enjoys storefront occupying the ground and second floor. When the property was convenient access to old-world shops, funky, new boutiques and galleries on the market, the majority of leases were M/M or upcoming and all but that showcase the best of New York’s avant-garde fashion scene. With one of the leases had demolishing cause making this property an excellent many bargain stores, edgy new nightspots, ethnic restaurants and music choice for conversion or redevelopment. venues, this neighborhood is truly for everyone. With the growth of the neighborhood, it is no surprise that prices have increased and more trendy shops and restaurants have emerged. 30 © 2016 VENTURE CAPITAL PROPERTIES WWW.VCPRE.COM 31