93 CROSBY STREET
93 Crosby Street is a 2,298 SF boutique retail condominium located in SoHo's Cast Iron Landmark District. The property consists of the 1,619 SF ground floor and 615 SF selling basement of a 6-story building that was redeveloped into luxury residential condominiums in 2010. 93 Crosby Street was constructed in 1900 and embodies the original charm and character of SoHo. The building prominently occupies 25 feet of frontage on Crosby Street and is ideally positioned between Spring and Prince Streets in the heart of SoHo, with prestigious neighbors such as Equinox, Balthazar, and Sur La Tabla.
Javeri Capital recognized the opportunity to purchase a fully occupied Class A boutique retail condominium in one of the most sought after retail markets in the country already providing above market returns to equity, despite a below market lease. With existing upside upon lease expiration, and additional growth already experienced within SoHo, Javeri Capital envisions significant future upside for the property.