DelShah in Contract for 100-102 Christopher Street for $27M


DelShah Capital is in contract to acquire 100-102 Christopher Street in the West Village for $27 million, The New York Post reported.

The real estate company will acquire the six-story building from Jeffrey Kaye and Robert Morgenstern of Stone Street Properties. The 37-unit property, dubbed The Charlotte in Stone Street’s rental portfolio, currently offers a two-bedroom apartment available to rent for $5,250 per month, according to the landlord’s website. The building also features three retail units, which are currently occupied by Rag & Bone.

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1-00588-0054.bKVOPoCLDelShah Capital announced earlier this week it had closed on the acquisition of 69 Gansevoort Street in the Meatpacking District for $8.6 million. At that time, the Commercial Observer reported that DelShah Capital had plans to announce the acquisition of a well-located West Village property.

The company’s recent acquisitions represent a shift from a focus on purely multifamily properties to mixed-use opportunities in key submarkets such as the Meatpacking District and West Village.

Representatives of DelShah Capital did not return requests seeking comment.