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JLL Brokers Sell Development Site In Lincoln Square For $19M

537 West 59th Street
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This Commercial property located in NY was sold for $19,000,000 about 2 years ago. The brokers of the deal were Conrad Martin, Braedon Gait, Teddy Galligan, Paul Smadbeck, and Hall Oster

537 West 59th Street, located in Lincoln Square, was recently sold in a closed transaction. This property is a development site, offering potential for future construction and development. The sale took place on February 17, 2022.

Summary of transaction details

  • Property Type: Development Site
  • Sale Price: $19,000,000
  • Building Square Footage: 48,955
  • Price Per Building Square Foot: $388
  • Address: 537 West 59th Street
  • Market: Lincoln Square

The deal was facilitated by a team of brokers from JLL, including Paul Smadbeck, Hall Oster, Teddy Galligan, Conrad Martin, and Braedon Gait. They represented the buyer and seller in this transaction.

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Deals
  • Location
    537 West 59th Street, New York City, New York 10019, United States537 West 59th Street, New York City, New York 10019, United States
  • Sale Price
    $19,000,000$19,000,000
    $331 PPSF$331 PPSF
  • Area
    57,271 SF57,271 SF
  • Asset Type
    CommercialCommercial
  • Parties
    5 Brokers, 1 Agency5 Brokers, 1 Agency

Agents

Conrad Martin

Conrad Martin

Deals32
Sold$344.2M

Braedon Gait

Braedon Gait

Deals32
Sold$610.7M

Teddy Galligan

Teddy Galligan

Deals41
Sold$639.9M

Paul Smadbeck

Paul Smadbeck

Deals30
Sold$403.3M

Hall Oster

Hall Oster

Deals63
Financed$1.2B

Agency

JLL

JLL

Agency
Deals5418
Volume$322.2B

Social

Deal Summary

SALE IMAGE: Hall Oster, Braedon Gait, Paul Smadbeck, Conrad Martin & Teddy Galligan DATE: 02/17/2022 ADDRESS: 537 West 59th Street MARKET: Lincoln Square ASSET TYPE: Development Site BROKERS: Paul Smadbeck, Hall Oster, Teddy Galligan (@T_Galligan12), Conrad Martin & Braedon Gait (@BraedonGait) - JLL (@JLL) SALE PRICE: $19,000,000 BSF: 48,955 ~ PPBSF: $388

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537 West 59th Street

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