Ascot Properties has acquired a 1,400 square-foot retail cooperative at 682 Broadway in the NoHo historic district in a $10 million sale. Situated on the southeast corner of Great Jones Street and Broadway, the retail space includes 1,400 sqf on the ground floor, 400 sqf in the basement along with 50 feet of frontage. The space is currently leased long term to GNC Holdings Inc. RKF represented the owner, Manhattan-based Premier Equities, while Marshall Real Estate’s Matthew Marshall represented the buyer. “This is one of NoHo’s busiest corners, just steps away from iconic thoroughfares Bond Street, Washington Square Park and SoHo,” said RKF Vice President Brian Segall. “This sale shows the strength and continued demand for income-producing retail in downtown Manhattan.”
