NEW YORK CITY-A portfolio of properties on Ninth Avenue in the Meatpacking District is on the market for sale and is expected to attract significant investor interest.
While the portfolio reportedly could see a purchase price of more than $100 million, the 63,000-square-foot, three-property parcel is being marketed for investment and not for development, according to the New York Post.
The buildings in the portfolio include 220 feet of retail frontage wrapping the northeast corner of Ninth Avenue and 14th Street and are home to tenants including Italian restaurant, Scarpetta, The Diner, and luxury cosmetics boutique L'Occitane. The portfolio encompasses retail and residential uses at 44-48 and 50-52 Ninth Ave. and 351 W. 14th St. and 362-364 W. 15th St., the 42,000 square-foot Gansevoort Mews apartment complex.
Brookfield Financial's Eric Anton expects offers to be in by April. See story in the New York Post.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
