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200 West 97th Street

Rockefeller Group And Atlas Capital Group Acquire Land Development Site From Roman Catholic Church For $96M
SOLDDevelopment Site

Rockefeller Group And Atlas Capital Group Acquire Land Development Site From Roman Catholic Church For $96M

200 West 97th Street

$96,000,000

$329/SF

Building Size

291,768 SF

Asset Type

Development Site

Closing

Mar 3, 2026

AI

The asset involved in the transaction is a Land/Development Site located at 200 West 97th Street in the Upper West Side. The sale price for this property was $96,000,000.

Summary of transaction details:

  • Property Type: Land/Development Site
  • Transaction Amount: $96,000,000
  • Buyer: Rockefeller Group, Atlas Capital Group
  • Seller: Roman Catholic Church of Holy Name of Jesus & Saint Gregory the Great
  • Brokers: Helen Hwang, Brian Szczapa & Yasmin Kheradpey - Meridian Capital Group
  • Transaction Date: 3/4/2026

The deal involved multiple parties, with brokers Helen Hwang, Brian Szczapa, and Yasmin Kheradpey representing the buyers, Rockefeller Group and Atlas Capital Group, in this transaction. The sellers were represented by the Roman Catholic Church of Holy Name of Jesus & Saint Gregory the Great.

Players

Helen Hwang

Meridian Capital Group

Broker

$2.5B

vol

19 deals

Broker
Atlas Capital Group
Atlas Capital GroupBuyer

New York Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.17%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93