Pro-H Development Acquires Development Site From Wolf Family At 411 West 55th Street For $11M

The property asset involved in this transaction is a development site located at 411 West 55th Street in Hell's Kitchen, Manhattan. The sale price for the property was $11,000,000, with a total square footage of 31,070, resulting in a price per square foot of $354.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $11,000,000
• Address: 411 West 55th Street
• Market: Hell's Kitchen, Manhattan
• Square Footage: 31,070
• Price per Square Foot: $354
• Buyer: Pro-H Development
• Seller: Wolf Family
• Seller's Representative: Daniel O'Brien, Brett Siegel, Eric Roth, Maurice Suede & Mike Kavanagh - Newmark
• Buyer's Representatives: Jamison Weiner - Jamison Commercial RE & Robin Schneiderman - Brown Harris Stevens

This transaction highlights the involvement of key industry professionals, including Daniel O'Brien, Brett Siegel, Eric Roth, Maurice Suede, and Mike Kavanagh, representing the seller from Newmark. On the buyer's side, Jamison Weiner from Jamison Commercial RE and Robin Schneiderman from Brown Harris Stevens served as representatives, facilitating the deal for Pro-H Development.