February 16, 2017 Comments Off on West Soho Townhouse Goes for $16M Views: 143 Downtown New York, New York News

West Soho Townhouse Goes for $16M

After an intense bidding war, an undisclosed buyer paid $15.8 million for a six-story townhouse at 558 Broome St. — a price that works out to $1,125 per square foot for the roughly 14,000 square-foot-building.

“I’m very pleased that I was able to secure a record price for the family that had owned the property for decades,” said Adelaide Polsinelli, senior managing director and principal with Eastern Consolidated.

As a result of the March 2013 rezoning, many of New York City’s largest and most prominent developers purchased sites in the neighborhood for residential development. Related Companies and Extell Development are two such developers with ongoing projects that are set to transform the area into a 24-7 destination.

Read More at Eastern Consolidated

Connect to Eastern Consolidated’s Polsinelli

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