Development Site At 21-23 West 45th Street Sold For $14M In Manhattan By BKREA

The property involved in the transaction is a development site located at 21-23 West 45th Street in Manhattan. The sale price for the asset was $14,000,000, with a building square footage (BSF) of 50,210 and a price per building square foot (PPBSF) of $278. The total square footage (SF) for the property is 23,374, resulting in a price per square foot (PPSF) of $598.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $14,000,000
• BSF: 50,210
• PPBSF: $278
• SF: 23,374
• PPSF: $598

The transaction was facilitated by Robert Knakal, Jas Saini, Nick Tuleu, and Julia Perrone from BKREA, representing the parties involved in the deal.