NEW YORK--Trevi Retail, reports it has completed the purchase of a retail condominium at 101 West 87th St. in the Upper West Side.
The property at the corner of West 87th Street and Columbus Avenue is a 7,100-square-foot commercial condo with six retail spaces. Three of the spaces are currently vacant with leases pending, and three spaces are occupied. The property is part of the 101 WEST 87 luxury residential condo project from Bazbaz Development.
The transaction was direct to the ownership and no broker was involved.
“Sonny Bazbaz and his team were a pleasure to work with on this deal. The building is a class-A project, and we are very happy to be part of it and the neighborhood,” said Johnny McCarthy, Trevi Retail's chief investment officer.
The deal is the 19th property acquisition in Manhattan since the firm's founding in October 2011.
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