The Real Deal New York

GreenOak buys Soho rental for $25M

The 10-unit property was owned by a local family for 30 years

January 07, 2015 04:11PM
By Tess Hofmann

91 Crosby Street in Soho

91 Crosby Street in Soho

Real estate investment firm GreenOak paid $25 million for a 10-unit rental building in Soho, according to property records filed with the city today.

John Vezza, of APJ Realty Corp., was the seller of 91 Crosby Street. His father, Enrico Vezza, purchased the building in 1985. Mayor Bill de Blasio has been visiting the Vezza family’s iconic Astor Place Hairstylists for over 20 years for reasonably priced trims.

The six-story property was built in 1900, and rents are around $5,350 for a two-bedroom, one-bath unit, according to StreetEasy. The location is on the eastern edge of Soho.

GreenOak didn’t respond to requests for comment. The firm purchased two Upper West Side apartment buildings for $85 million in March in a joint venture with Thor Equities. In June, it acquired a $300 million stake in Chelsea’s Terminal Stores building.

MENU