Compass’ Adelaide Polsinelli Markets Retail Co-op in Flatiron District
Compass vice chairman Adelaide Polsinell has been hired to market a ground-floor, retail co-op property at the base of 15 E. 16th St. in Manhattan’s Flatiron District. The property is located midblock between Fifth Avenue and Union Square West, directly across the street from Union Square Park. An asking price wasn’t disclosed.
The opportunity consists of 3,700 square feet of ground-floor retail which is duplexed with an easily accessible mezzanine and a 2,000-square-foot lower level. The retail unit will be delivered vacant for a user.
“Having sold several retail properties in this area over the past decade, I can say without question that this location will, once again, be a strong long-term investment,” noted Polsinelli, “This is a testament to the street’s intrinsic value through all phases of the market cycle.”
- ◦Sale/Acquisition