Greenwich Village apartment-and-retail portfolio trades hands for $34M

July 02, 2013 08:30AM

Dalan Management and RWN Real Estate Partners have paid $34.3 million for a six-building apartment-and-retail portfolio in Greenwich Village, the New York Post reported.

The portfolio consists of 89 And 91 Christopher Street as well as 329, 333, 337 And 341 Bleecker Street and gives the buyers a corner with 90 feet of prime retail along each street.

Eastern Consolidated’s Peter Hauspurg represented the seller, Noah Osnos, whose family had owned the buildings for 60 years. Hauspurg’s colleague Ben Tapper represented the buyers.

“The mixture of regulated and free-market apartments combined with below-market retail tenancies offer significant financial upside to the purchasers,” Tapper said. [NYP, 2nd item]  – Hiten Samtani