Josh Flagg’s family firm looking to flip Soho retail property for $12M

The Flaggs are looking to flip their New York retail property.  Less than two years after Flagg Family Capital, the firm owned by the family of star residential broker and “Million Dollar Listing Los Angeles” star Josh Flagg, bought three floors of retail space in Soho, the property is back on the market.  Public records from the last time the retail properties at 170 Mercer Street traded to entities tied to developers Andrew Aryeh and David Elbaz in two separate transactions totaling $4 million. Flagg declined to confirm a purchase price, but said it “was an especially exciting acquisition for […] This article originally appeared on The Real Deal. Click here to read the full story.