NEW YORK CITY-DelShah Capital of New York City is under contract to acquire the rental apartment building at 100-102 Christopher St. here for $27 million. Marc Watkins, EVP and director of acquisitions at the company, alluded to this transaction earlier this week when it closed on the acquisition of 69 Gansevoort St. for $8.6 million.
The New York City-based investment firm has agreed to purchase the six-story property that includes 37 rental units from Jeffrey Kaye and Robert Morgenstern of Stone Street Properties, according to the Commercial Observer. RAG & Bone occupies the building's three retail units.
DelShah Capital also has a location on Staten Island. See the story of this West Village transaction in the Commercial Observer.
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