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Gillen Brewer School Acquires Office Condos On Upper East Side For $12.9M

Property Image
SOLD
$12,900,000
Paul Massey
Christian Kane
+ 1

New York

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Condo16,370 SF
Sold 08/23/2022
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Property Image
SOLD

Gillen Brewer School Acquires Office Condos On Upper East Side For $12.9M

410 East 92nd Street

See Similar Deals
Condo16,370 SF
Sold 08/23/2022
Paul Massey
Christian Kane
+ 1
Contact now

Summary

NEW YORK
Asset Type:Condo
Price Per Square Foot:$788
Total Square Footage:16,370 SF
Transaction Type:Sale

The Gillen Brewer School has purchased four office condominiums at 410 East 92nd Street in the Upper East Side of Manhattan. The transaction was facilitated by B6 Real Estate Advisors, with a sale price of $12,900,000. The office space has a total area of 16,370 square feet, resulting in a price per square foot of $788.

Summary of transaction details

  • Property Type: Office Condo
  • Transaction Amount: $12,900,000
  • Address: 410 E. 92nd St.
  • Market: Upper East Side

Christian Kane, Paul Massey, Tom Gammino, and Patrick Donahue from B6 Real Estate Advisors represented both parties in the deal. The sellers, Spence-Chapin Services to Families & Children, found the Gillen Brewer School to be the ideal end-user for the office condominiums. If you are considering selling your property in NYC, you can reach out to B6 Real Estate Advisors for a property assessment.

Players

Thomas (Tom) Gammino
15 deals$223.9M volume(212) 776-1206
BROKER

Paul Massey
B6 Real Estate Advisors
15 deals$261.5M volume
BROKER

Christian Kane
B6 Real Estate Advisors
5 deals$144M volume
BROKER

Patrick Donahue
Lee & Associates
8 deals$158.7M volume(646) 723-4014
BROKER

Details

SOLD
IMAGE: POST SALE IMAGE: Christian Kane, Paul Massey, Tom Gammino & Patrick Donahue DATE: 08/23/2022 ADDRESS: 410 E. 92nd St. MARKET: Upper East Side ASSET TYPE: Office Condo BUYER: Gillen Brewer School SELLER: Spence-Chapin Services to Families & Children BROKERS: Christian Kane (@Christian.A.Kane), Paul Massey, Tom Gammino (@PJMasseyJR) & Patrick Donahue - B6 Real Estate Advisors SALE PRICE: $12,900,000 SF: 16,370 ~ PPSF: $788 NOTE FROM BROKER: B6 Real Estate Advisors facilitated the sale of four office condominiums at 410 East 92nd Street for Spence Chapin Services for Families and Children to the Gillen Brewer School, the ideal end-user for the properties. If you are considering selling your property in NYC and would like to maximize your proceeds, please reach out to us for a property assessment. Christian Kane (646) 933-2651 [email protected]

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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