Efficiency Capital Advisors (ECA) is pleased to announce the successful closing of a 30-unit Mixed-Use Commercial / Residential Building located in the heart of Manhattan’s West Village. The property is centrally located, and just minutes from public transportation.
The building was acquired in June 2019, on behalf of one of the company’s exclusive clients in Japan.
ECA Advisors on the deal: William Crable, Scott Prina.
Efficiency Capital Advisors K.K. President Scott Prina commented: “ECA remains focused on acquiring the best quality assets in Manhattan at the right price. The condition of this building is excellent, and the West Village is one of the most attractive neighborhoods in all of Manhattan. We have a mid to long-term investment horizon, and factors such as Google’s plans to build out their $1B / 1.7M square foot Office Complex at St. John’s Terminal, we believe, will continue to drive values in the West Village over the next decade.”
ECA is continuing to expand assets under management with select acquisitions for our Japan partner portfolios. We wish to thank all of the professionals involved in the transaction.
ECA provides exclusive investment banking level real estate advisory services for Japanese Corporations and High-Net-Worth Individuals. The company is 100% focused on New York City Commercial Real Estate.
ECA New York Real Estate Advisors (New York)
611 Broadway, Suite 716, New York, NY U.S.A. 10012
Efficiency Capital Advisors K.K. (Tokyo)
Toranomon 40MT Bldg. 7F, 5-13-1, Toranomon, Minato-ku, Tokyo 105-0001