Updated Mar 6, 2026
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
About this deal
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:
- 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 .
On the Map
$96,000,000
$329/SF
Development Site
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Players
New York Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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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