Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Cushman & Wakefield Sells Mixed-Use Building in Hudson Square

06/04/2015

A mixed-use building at 512 Greenwich Street, located between Spring and Canal Streets in Manhattan’s Hudson Square, was sold in an all-cash transaction valued at $3,700,000.

The four-story building contains approximately 3,024 square feet and sits on an 18.75’ x 40.33’ lot.   The building has two separate entrances – one for the basement and ground floor and another for floors two through four.  The building was previously all residential, but the ground floor could easily be converted to a restaurant or retail space.  The property was delivered vacant and also holds additional air rights.  The sale price equates to approximately $1,224 per square foot.

“This building was owned by a good friend of mine and I’m delighted that the buyer will be completing his original vision,” said Cushman & Wakefield’s Robert Burton, who exclusively handled this transaction.

06/04/2015 - 16:45

Source

Cushman & Wakefield Capital Markets Group New York

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