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Preschool Operator Acquires Sixth Avenue Retail Condo
Adelaide Polsinelli, vice chairman, and Trystan Polsinelli, senior executive director of Compass Commercial, finalized the sale of a 16,000-square-foot retail condo with 160 feet of wraparound frontage located at 350 6th Ave., also known as 88 Washington Pl., on the northeast corner of Sixth Avenue in Greenwich Village.
The property was sold for $16.5 million to an NYU-affiliated community center and preschool operator. The sale included two separate condo units spanning the ground floor and second floor of the property.
The sale not only activated a prime thoroughfare that had remained vacant since the pandemic but also provided the purchaser with a premier location for educational use, according to Adelaide Polsinelli.
“This high-profile property’s location and features made it one of the most sought-after assets in the area,” said Adelaide Polsinelli. “Its versatility, paired with proximity to transportation and historic landmarks, offered an unparalleled opportunity for the buyer to expand their community presence.”
- ◦Sale/Acquisition
