Developer Hersel Torkian bought a 14-story building at 110-112 Greenwich Street for almost $53 million.
The 66,500-square-foot building, located just south of the 9/11 memorial and the World Trade Center, has 60 market-rate apartments, according to the Wall Street Journal. Eastern Consolidated and Cresa brokered the sale.
The property also comes with roughly 6,600 square feet of retail space and 30,000 square feet of commercial air rights, according to the newspaper. [more]