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Craftwood Partners Acquires DevSite In Manhattan From The Blue Man Group For $12M

Property Image
SOLD
Patrick Dugan
Michael Lohan
Jonathan (Jonny) Loloi
+ 4

New York

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Development Site21,004 SF
Sold 04/18/2018
the dealplayerscompscontact
Property Image
SOLD

Craftwood Partners Acquires DevSite In Manhattan From The Blue Man Group For $12M

238 E 3rd St #240, New York, NY 10009, USA

See Similar Deals
Development Site21,004 SF
Sold 04/18/2018
Patrick Dugan
Michael Lohan
Jonathan (Jonny) Loloi
+ 4
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$0
Total Square Footage:21,004 SF
Transaction Type:Sale

A developer site located at 238-240 East 3rd Street in Manhattan, New York, has been sold for a price of $12,000,000. The property spans 21,004 square feet and has a price per buildable square foot (PPBSF) of $571. The transaction involved the seller, The Blue Man Group, and the buyer, Craftwood Partners.

Summary of transaction details

  • Property Type: DevSite
  • Transaction Amount: $12,000,000
  • Address: 238-240 East 3rd Street, Manhattan, New York
  • Market: Manhattan
  • Building Square Footage: 21,004 sf
  • Price per Buildable Square Foot (PPBSF): $571
  • Seller: The Blue Man Group
  • Buyer: Craftwood Partners

Cushman & Wakefield’s team, consisting of Michael DeCheser, Mei Ling Wong, Andrew Berry, and Bryan Hurley, represented the buyer and seller in the deal.

Players

Andrew Berry
Cushman & Wakefield
Andrew Berry
33 deals$410.9M volume
BROKER
Jonathan (Jonny) Loloi
The Nassimi Group
Jonathan Loloi
6 deals$9.4M volume
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Mei Ling Wong
Cushman & Wakefield
Mei Ling Wong
7 deals$47.9M volume(212) 696-2500
BROKER
Patrick Dugan
Cushman & Wakefield
Patrick Dugan
9 deals$180M volume
BROKER
Bryan Hurley
Cushman & Wakefield
Bryan Hurley
42 deals$428.3M volume(212) 660-7706
BROKER
Michael Decheser
Cushman & Wakefield
Michael Decheser
41 deals$363.4M volume(917) 974-9207
BROKER
Michael Lohan
Nineteen Blocks
Michael Lohan
15 deals$643.3M volume
BROKER

Details

SOLD
IMAGE: Michael DeCheser, Mei Ling Wong, The @BlueManGroup, Andrew Berry and Bryan Hurley DATE: 04/18/2018 ADDRESS: 238-240 East 3rd Street CITY: NewYork MARKET: Manhattan ASSET TYPE: DevSite PRICE: $12,000,000 BSF: 21,004 sf PPBSF: $571 SELLER: The Blue Man Group BUYER: Craftwood Partners BROKER: Cushman & Wakefield’s @team_decheser_les : Michael DeCheser, Mei Ling Wong, Andrew Berry, […]

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