NEW YORK – Amadeus Ehrhardt and Simon Bacon of Coldwell Banker Commercial Properties Unlimited signed an exclusive with a seller asking $4.99 million for a multi-family with retail space in the heart of SoHo. The building is located at 184 Prince St. – between Sullivan and Thompson St.—, and encompasses a total of 2,459 square feet on its four stories. Favorably situated in New York’s most fashionable district, the structure consists of a 400-square-foot retail space, three one-bedroom apartments, and one penthouse studio with outside space. Its current tenant, Caffe Tina, charms its visitors with an Old-World temperament reminiscent of a café in Rome. Next door stands the celebrated Raoul’s Restaurant, a SoHo staple that has served the city since 1975.
The property promises to be a smart venture financially. Exquisite architecture and high-end shops combine with an artsy atmosphere to make SoHo the premier downtown locale. “The appreciation of the property—with everything being standard—is a great investment,” Bacon said. “This is an opportunity to own an investment property on the most chic street in the area.”
For more information, contact Simon Bacon at simon.bacon (at) cbcny (dot) com or (646) 442-7045, or Amadeus Ehrhardt at amadeus.ehrhardt (at) cbcny (dot) com or (646) 442-7042.
About Coldwell Banker Commercial Properties UnlimitedColdwell Banker Commercial is the oldest real estate brokerage in the United States founded in 1906 in San Francisco. It has nearly 4,000 commercial professionals working in over 20 countries. Coldwell Banker Commercial Properties Unlimited is headquartered at 555 Madison Avenue in New York and engages in leasing, investment sales, and financing of office, retail, and industrial properties and development sites.