Thor Equities continues to expand its SoHo portfolio with the acquisition of the retail portion of 37-39 Greene St.
Located in one of the most sought after retail neighborhoods in Manhattan, the property features 3,500 s/f of retail space currently occupied by Kartell, a leading Italian design company.
"As demand for SoHo retail space continues to soar, we remain very bullish on the future of the market in this neighborhood," said Joseph Sitt, CEO of Thor Equities. "Greene St. has become one of the most dynamic shopping corridors in Manhattan, and we are excited to add this first-class property to our expansive portfolio."
SoHo is home to some of the nation's top performing stores for national and international retailers such as Chanel, Calvin Klein, Victoria's Secret, Stella McCartney, H&M, Marc Jacobs, and Prada.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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