Deed in Lieu of Foreclosure Trade of Upper West Side Retail Condo

Waterfall Asset Management and RFR have acquired the approximately 33,000-square foot retail condominium at the base of The Astor, a mixed-use condominium spanning the entire Broadway block front between West 75th and 76th Streets at 2139-2159 Broadway. According to city records, the unit that includes about 18,559 square feet of ground level space and 10,333 square feet of cellar space traded via a deed in lieu of foreclosure for roughly $39.692 million, having previously changed hands in June 2016 for $103.5 million when purchased by the Vanbarton Group. Divided into approximately seven retail storefronts, current tenants include cosmetic dermatology brand Ever/Body and Spear Physical Therapy.