News: Brokerage

Cushman & Wakefield sells retail condo for $1.9 million

Manhattan, NY Cushman & Wakefield arranged the sale of 363 Greenwich St., a 2,015 s/f retail condo in Tribeca. The final sale price was $1.9 million, equating to $943 per s/f.

A Cushman & Wakefield team of Maurice Suede and Daniel Soyak represented the seller, Emilie Aebi. Regal Acquisitions acquired the asset.

“This property’s location coupled with its beautiful build-out for a restaurant operator made it a prime asset for investors,” said Suede. “Restaurants and bars have continued to thrive in this part of Tribeca and we are thrilled to see what the buyer plans to do with this space.”

363 Greenwich St. is a vacant and vented retail condo featuring a bar, booths, ventilation, kitchen space, high ceiling heights and a lower level with additional room for seating.

The property is ideally located on one of the busier blocks of Tribeca near many highly-rated restaurants, such as Tribeca Grill, Locanda Verde, Sarabeth’s, Jungsik and American Cut Steakhouse.

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