Kenneth & Bradley Fishel Acquire Office Building In Midtown Manhattan For $37.25M

The property involved in this transaction is an office located at 62 W 45th St in the Midtown market. The property spans a total square footage of 54,150. The property was listed for sale at an asking price of $42,500,000. The sale was closed at a price of $37,250,000. Additionally, a loan amount of $15,000,000 was obtained for this property.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $37,250,000
• Address: 62 W 45th St
• Market: Midtown
• Square Footage: 54,150
• Asking Price: $42,500,000

First Republic Bank provided the loan for this transaction. The property was sold by Andover Realty, represented by Leonard Gero and Steve Freidus. The buyers of the property are Kenneth and Bradley Fishel. The brokers involved in this deal are Alan Cohen from ABS and Adan Elias Kornfeld, Abie Kassin, and David Schechtman from Meridian Capital Group. Brian Warwick from ABS served as the mortgage broker for this transaction.