NEW YORK--(EON: Enhanced Online News)--Trevi Retail, a privately held real-estate operating company, has just completed its purchase of the retail condominium at 101 West 87th Street. The property is located in Manhattan at the northwest corner of West 87th Street and Columbus Avenue in the Upper West Side neighborhood.
“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”
The property 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 deal 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.
Trevi Retail has acquired 19 properties in Manhattan since the firm’s founding in October 2011. The full portfolio of Trevi Retail properties is available at www.treviretail.com/portfolio.
About Trevi Retail
Trevi Retail is a privately held real-estate operating company that focuses on investment in Manhattan retail properties. Since its inception in October 2011, Trevi Retail has acquired 19 properties throughout Manhattan. The well-capitalized firm has earned a reputation for closing deals quickly and efficiently and is actively pursuing acquisition opportunities for retail condominium and mixed-use properties throughout Manhattan. For more information, visit www.treviretail.com.