The Real Deal New York

Jeff Greene asking $125M for converted Soho condo building

Billionaire purchased 62 Wooster Street for $26M in 2011

April 14, 2015 02:30PM

Jeff Greene

Jeff Greene and a rendering of 62 Wooster Street

South Florida billionaire Jeff Greene is asking $125 million for a seven-unit Soho building he bought for $26.3 million four years ago.

Greene purchased the property at 62 Wooster Street in 2011, subsequently converting the commercial building into seven high-end condos and two retail spaces.

With the conversion work almost finished and the retail space leased to fragrance retailer Byredo, Greene is now looking to flip to the building to another investor willing to see out the sale of the condos, according to the New York Daily News.

Each condo unit comes with access to basement storage and a common roof deck, while the penthouse unit features its own private deck and an outdoor lap pool. The listing brokers are Robert Burton, Stephanie Mitchell and Matthew Colantonio of Cushman & Wakefield. [NYDN] – Rey Mashayekhi