KSR Capital Acquires 49% Interest In 1410 Broadway Office In Midtown South, Manhattan For $170M

The property involved in this closed transaction is an office building located at 1410 Broadway in Midtown South, Manhattan. The property spans approximately 392,000 square feet and was sold for a total of $170,000,000, resulting in a valuation of $434 per square foot. The transaction took place on 12/28/2023.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $170,000,000 valuation for 49% Interest
• Address: 1410 Broadway
• Market: Midtown South, Manhattan

The buyer in this transaction is KSR Capital, while LH Charney Associates acted as the seller. The brokers involved in the deal were Albert Sultan and Marc Sitt from KSR. They represented their respective parties throughout the transaction.