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    103 Prince Street

    103 Prince Street
    New York, NY 10012
    Retail, Leasing/Rental

    103 Prince Street is a three story, 28,434 square foot mixed office and commercial use building completed in 1920 and located in Manhattans upscale Soho neighborhood. Its been home to New York Citys first Apple retail store since July 18, 2002.¾In 2011 Crown Acquisitions partnered with Centurion Realty to purchase the site for $75 million. Apple since then renovated and expanded the now- 30,000 square foot ¾store. Centurion is run by Ralph Tawil, who like Crowns Chetra family, is a prominent member of New Yorks Syrian Jewish community active in the real estate business.

    In a 2014 report, The Real Deal estimated the Soho Apple stores annual retail revenue at $1.75 billion.¾The building was previously owned by Westchester-based Ingersoll Realty, which had leased it to the U.S. Postal Service from 1975 through 2000.¾According to city records the building is only built to approximately half its maximum floor-area ratio, but reportedly the buyers made the deal to get the income stream from the Apple lease. -GM

    • Address 103 Prince Street
    • neighborhood Soho
    • borough Manhattan
    • owner Crown Acquisitions
    • owner entity 103 PRINCE PROPERTY L
    • floors 2
    • Year Built 1920
    • square feet 28,434
    • block and lot 1-00513-0039
    • BIN 1007985
    • Event Sales
    • Building Name 103-107 Prince Street
    • Address 103 Prince Street
    • Neighborhood Soho
    • Borough Manhattan
    • Price $ 70,850,000
    notes
    The site of the city's first Apple store sold for $70.85 million, the New York Post reported.
    • Event Sales
    • Address 103 Prince Street
    • Neighborhood Soho
    • Borough Manhattan
    • Square feet 30,000
    • Price $ 75,000,000
    • Price per foot $ 2,500.00
    notes
    The 30,000 sf building sold for about $75 million, the New York Post reported. The property is the site of the city's first Apple store.
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