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AV Management buys SoHo mixed-use property for $43.3M

The newly constructed 32,957-square-foot building at 73-75 Sullivan St. includes 11 residential units plus a ground-floor space anchored by The Montessori School.

Reported · Written up by our desk · Industry

ConnectCRE reports that AV Management acquired the newly constructed mixed-use property at 73-75 Sullivan St. in SoHo for $43,333,000.

The deal covers 32,957 square feet and includes 11 residential units, along with a ground-floor commercial space anchored by The Montessori School.

Cushman & Wakefield arranged the sale, representing the seller, 73-75 Sullivan Partners-1, LLC, and procuring the buyer, AV Management.

The property is described as fully free-market and positioned near multiple subway lines, including the C, E, 1 and 6 trains, a factor Cushman & Wakefield said helped attract strong investor interest.

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