Page 16 - Venture Capital Properties

greenwiCh Street duke SemanS manSion new york, new york new york, new york Address Address 505 Greenwich Street 1009 Fifth Avenue New York, New York New York, New York Sale Price Sale Price $3,500,000 $44,000,000 Building Size Building Size 2,500 SF 19,575 SF Building Use Building Use Retail Condominium Historical Residence Seller Seller Premier Equities Sapir Organization Buyer Buyer Private Investor International Investor This 2,500 square foot retail condominium is located on the ground floor of a new residential building in the Hudson Square neighborhood of Manhattan. The space has 85 feet of frontage and offered the opportunity to lease the space to a prime retail tenant. The Historic Duke Semans Mansion is one of the largest single-family residences in Manhattan. The building sits directly across from the Metropolitan Museum of Art along Fifth Avenue. The sale of the property created the opportunity for the purchaser to reposition the asset while retaining its landmarked historical qualities. 16 © 2016 VENTURE CAPITAL PROPERTIES WWW.VCPRE.COM 17