Roundsquare Development Acquires Development Site In Chelsea, Manhattan For $5.95M

A development site located at 227 West 19th Street in Chelsea, Manhattan has been sold for a price of $5,950,000. The property holds potential for future development and is situated in a prime location within the vibrant neighborhood of Chelsea.

Summary of transaction details

• Property Type: Development Site
• Sale Price: $5,950,000
• Address: 227 West 19th Street, Chelsea, Manhattan

The buyer of the development site is Roundsquare Development, while the seller is JT Falk & Co. The transaction was facilitated by Zach Redding and Dylan Kane from Colliers, who acted as the brokers for both parties involved in the deal.

This sale presents an opportunity for Roundsquare Development to acquire a promising property in the desirable Chelsea neighborhood. With the expertise of Zach Redding and Dylan Kane from Colliers, both the buyer and the seller were able to negotiate and finalize the transaction successfully.