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

Property Image
SOLD
$96,000,000
Yasmin Kheradpey
Helen Hwang
Brian Szczapa

New York

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Development Site291,768 SF
Sold
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Property Image
SOLD

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

200 West 97th Street

See Similar Deals
Development Site291,768 SF
Sold
Yasmin Kheradpey
Helen Hwang
Brian Szczapa
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$329
Total Square Footage:291768 SF
Transaction Type:Sale

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
Helen Hwang
18 deals$2.2B volume
BROKER
Yasmin Kheradpey
Meridian Capital Group
Yasmin Kheradpey
11 deals$1.3B volume
BROKER
Brian Szczapa
Meridian Capital Group
Brian Szczapa
13 deals$1.5B volume
BROKER
Atlas Capital Group
Atlas Capital Group
BUYER

Details

SOLD
IMAGE: Helen Hwang, Yasmin Kheradpey, Brian Szczapa, Isaac Henderson, Meg Brod, James Levy, Andrew Cohen & Jeffrey Goldberger DATE: 3/4/2026 ADDRESS: 200 West 97th Street MARKET: Upper West Side ASSET TYPE: Land/Development Site 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 (@Meridian.Capital.Group) SALE PRICE: $96,000,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$5,119,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$341,067.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$455,088.98
Annual Debt Service$5,461,067.72