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James D. Ryan III's RYCO Capital Acquires Retail And Office Condo In SoHo, Manhattan For $13.2M

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SOLD
$13,200,000

New York

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Condo13,850 SF
Sold 08/08/2023
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SOLD

James D. Ryan III's RYCO Capital Acquires Retail And Office Condo In SoHo, Manhattan For $13.2M

414 West Broadway

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Condo13,850 SF
Sold 08/08/2023
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Summary

NEW YORK
Asset Type:Condo
Price Per Square Foot:$953
Total Square Footage:13,850 SF
Transaction Type:Sale

Ryco Capital's West Lake 414-416 West Broadway LLC has acquired a retail and office condo at 414 West Broadway in SoHo, Manhattan. The property, sold by Valerie Berk's Valroge Corporation, was purchased for a total price of $13.2 million. The condo spans a total area of 13,850 square feet, resulting in a price per square foot of $953.

Summary of transaction details

  • Property Type: Condo (Retail & Office)
  • Transaction Amount: $13,200,000
  • Address: 414 West Broadway, SoHo, Manhattan
  • Buyer: James D. Ryan III - RYCO Capital
  • Seller: Valerie Berk
  • Square Footage: 13,850 SF
  • Price per Square Foot: $953

The acquisition of the retail and office condo at 414 West Broadway was made by Ryco Capital's West Lake 414-416 West Broadway LLC. The company, led by James D. Ryan III, completed the purchase from Valerie Berk's Valroge Corporation for a total of $13.2 million. This strategic move expands Ryco Capital's presence in the SoHo, Manhattan market and offers potential opportunities for future growth and development.

Players

3 deals$46.3M volume
BUYER

BUYER

2 deals$26.4M volume
SELLER

Details

SOLD
IMAGE: James D. Ryan III DATE: 08/08/2023 ADDRESS: 414 West Broadway MARKET: SoHo, Manhattan ASSET TYPE: Condo (Retail & Office) BUYER: James D. Ryan III (@JamesRyan3) - RYCO Capital SELLER: Valerie Berk SALE PRICE: $13,200,000 SF: 13,850 ~ PPSF: $953 NOTE: RYCO Capital's West Lake 414-416 West Broadway LLC acquired a retail and office condo at 414 West Broadway in SoHo, Manhattan, from Valerie Berk's Valroge Corporation for $13.2 million.

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