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Princely sum paid for SoHo buildings.


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 Realty Services, Inc. recently concluded the sale of a package of two six-story walk-up apartment buildings, consisting of 20-22 Prince Street, located between Elizabeth and Mott Streets, and 232-234 Elizabeth Street Elizabeth Street can refer to:
  • Elizabeth Street, Melbourne, Australia
  • Elizabeth Street, Sydney, Australia
  • Elizabeth Street, Hobart, Australia
, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, NY located between Prince and Houston Streets in the SoHo area of Manhattan.

The package, which consists of, a total of 72 apartments and four stores sold for $15,500,000 at a GRM GRM Gross Rent Multiplier
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 of 13. Aaron Jungreis was the sole broker involved in the deal representing both the buyer and the seller.
COPYRIGHT 2007 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Date:Jan 24, 2007
Words:87
Previous Article:Deadline for Ingenious Deals.
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