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Greystone Development Acquires Property From Phoenix House For $26.8 Million In New York

Property Image
SOLD
$26,800,000

New York

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33,000 SF
Sold 07/07/2015
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Property Image
SOLD

Greystone Development Acquires Property From Phoenix House For $26.8 Million In New York

164 W 74th St, New York, NY, 10023

See Similar Deals
33,000 SF
Sold 07/07/2015
the dealplayerscompscontact
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Summary

NEW YORK
Price Per Square Foot:$812
Total Square Footage:33,000 SF
Transaction Type:Sale

The property involved in this transaction is located at 164 W 74th St, New York, NY, 10023. It was sold for a price of $26,800,000.00 and spans a total square footage of 33,000. The transaction took place in the New York market.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $26,800,000.00
  • Address: 164 W 74th St, New York, NY, 10023
  • Market: New York
  • Buyer: Greystone Development
  • Seller: Phoenix House
  • Buyer's Representative: Daniel Rahmani-Capital Property Partners

This transaction involved key players such as the buyer Greystone Development, which facilitated the acquisition, and the seller Phoenix House, who executed the sale. The buyer was represented by Daniel Rahmani from Capital Property Partners, ensuring a successful transaction for both parties.

Players

Daniel Rahmani
Capital Property Partners
Daniel Rahmani
12 deals$184.9M volume
BROKER
GD
Greystone Development
BUYER

Details

SOLD
IMAGE: 164 W 74th St, New York, NY, 10023 MARKET: New York BUYER'S REP: Daniel Rahmani-Capital Property Partners BUYER: Greystone Development SELLER: Phoenix House PRICE: $26,800,000.00 SF: 33000

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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