Soho retail condo could fetch $30M

From left: Aby Rosen and 350 West Broadway
From left: Aby Rosen and 350 West Broadway

Jones Lang LaSalle has been tapped as the exclusive agent for marketing the retail space at the Aby Rosen-developed 350 West Broadway, the New York Observer reported. Jason Gold, one of the members of the JLL marketing team, told the Observer that the sale of the 11,115-square-foot, two-floor condominium space could fetch between $26 and $30 million.

Richard Baxter, vice chairman at JLL, is leading the team along with Gold, Yoron Cohen, Yoav Oelsner and Ryan Solomon.

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The space, located in between Grand and Broome streets in Soho, has 80 feet of Frontage On West Broadway, as well as its own 1,500-square-foot terrace.

Nordstrom currently operates a pop-up store at the location. Its lease lasts until August 2013 and the retailer has an option for an eight-year renewal. A private investor, whose name was not disclosed, owns the retail space — not Aby Rosen. [NYO]Zachary Kussin