Henegan Construction Sells Development Site On 250 West 30th Street In Chelsea For $15.9M

A development site in Chelsea, Manhattan has been sold for $15,875,000. The property, located at 250 West 30th Street, encompasses a total of 49,375 square feet. The sale price translates to approximately $322 per square foot.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $15,875,000
• Address: 250 West 30th Street
• Market: Chelsea, Manhattan
• Seller: Henegan Construction
• Brokers: Victor Sozio, Shimon Shkury & Howard Raber - Ariel Property Advisors; Harold Bordwin, Matthew Bordwin & Heather Milazzo - Keen-Summit Capital Partners LLC
• BSF: 49,375
• PPBSF: $322

The sale of this development site was facilitated by a team of brokers. Representing Ariel Property Advisors were Victor Sozio, Shimon Shkury, and Howard Raber. Keen-Summit Capital Partners LLC was represented by Harold Bordwin, Matthew Bordwin, and Heather Milazzo.