David Werner Real Estate Investments And Samual Fisch Acquire Commercial Condo At 5 Hanover Square For $17M

The asset involved in this transaction is a commercial condo located at 5 Hanover Square in the Financial District of Manhattan. The property was sold for $17,000,000, encompassing a total square footage of 49,183. The price per square foot for this transaction was calculated at $346.

Summary of transaction details:

• Property Type: Commercial Condo
• Transaction Amount: $17,000,000
• Address: 5 Hanover Square
• Market: Financial District, Manhattan
• Square Footage: 49,183
• Price Per Square Foot: $346
• Buyer: David Werner - David Werner Real Estate Investments & Samual Fisch
• Seller: Richard Ressler, Shaul Kuba & Avi Shemesh - CIM Group

The transaction was handled by David Werner Real Estate Investments and Samual Fisch as the buyers. The sellers were Richard Ressler, Shaul Kuba, and Avi Shemesh, representing CIM Group in the deal.