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Cushman & Wakefield Brokers Sell Midtown East Development Site For $5.25M

Property Image
SOLD
$5,250,000
Damani Strasner
Mike Kavanagh
John Ciraulo
+ 3

New York

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Development Site14,800 SF
Sold 01/19/2022
the dealplayerscompscontact
Property Image
SOLD

Cushman & Wakefield Brokers Sell Midtown East Development Site For $5.25M

306 East 50th Street, New York City, New York 10022, United States

See Similar Deals
Development Site14,800 SF
Sold 01/19/2022
Damani Strasner
Mike Kavanagh
John Ciraulo
+ 3
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$354
Total Square Footage:14,800 SF
Transaction Type:Sale

A development site located at 306 East 50th Street in Midtown East has recently been sold for $5,250,000. The property spans approximately 14,800 square feet and has a price per buildable square foot (PPBSF) of $354. The transaction took place on January 19, 2022.

Summary of transation details

The sale of the development site was facilitated by a team of brokers from Cushman & Wakefield, including John Ciraulo, Craig Waggner, Mike Kavanagh, Will Conrad, and Damani Strasner. They represented the seller, Jonathan Levine, in the transaction.

Players

John Ciraulo
Cushman & Wakefield
John Ciraulo
47 deals$732.2M volume(212) 660-7700
BROKER
Mike Kavanagh
Newmark
Mike Kavanagh
30 deals$301M volume(212) 660-7765
BROKER
Craig Waggner
Cushman & Wakefield
Craig Waggner
46 deals$696M volume
BROKER
Will Conrad
Cushman & Wakefield
Will Conrad
26 deals$263.3M volume
BROKER
Damani Strasner
Cushman & Wakefield
Damani Strasner
5 deals$66.5M volume
BROKER
JL
Jonathan Levine
3 deals$12.6M volume
SELLER

Details

SOLD
IMAGE: John Ciraulo, Craig Waggner , Will Conrad, Mike Kavanagh & Damani Strasner DATE: 01/19/2022 ADDRESS: 306 East 50th Street MARKET: Midtown East ASSET TYPE: Development Site SELLER: Jonathan Levine BROKERS: John Ciraulo (@JohnCiraulo), Craig Waggner (@Craig_Waggner), Mike Kavanagh (@KavanaghMike), Will Conrad (@WTConrad) & Damani Strasner (@LordStraz) (Team Ciraulo & Waggner) (@TeamCirauloWaggner) - Cushman & Wakefield (@CushWake) SALE PRICE: $5,250,000 BSF: 14,800 ~ PPBSF: $354

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