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SOLD

Hyundai Motor America Acquires Office In Meatpacking District From Edward Raboy

51 10th Avenue

Development Site
clock iconSold 280 days ago
Don Yahn
Ian Brooks
Daniel (Dan) Organ
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Summary

Sale
NEW YORK
Development Site

A commercial office property located at 51 10th Avenue in the Meatpacking District of Manhattan has been sold. The property spans across 6,735 square feet and was sold for a total price of $25,000,000, resulting in a price per square foot of $3,712. The sale was facilitated by brokers Don Yahn, Ian Brooks, and Dan Organ from Cushman & Wakefield.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $25,000,000
  • Address: 51 10th Avenue, Meatpacking District, Manhattan
  • Square Footage: 6,735
  • Price Per Square Foot: $3,712
  • Buyer: Hyundai Motor America
  • Seller: Edward Raboy
  • Broker: Don Yahn, Ian Brooks & Dan Organ - Cushman & Wakefield

Hyundai Motor America acquired the office property located at 51 10th Avenue. The transaction was facilitated by brokers Don Yahn, Ian Brooks, and Dan Organ from Cushman & Wakefield. The deal marks an important milestone for both the buyer and the seller, demonstrating a significant investment in the Meatpacking District.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Don Yahn's profile picture
Don Yahn
Cushman & Wakefield-image
Executive Director
$51M Sold
Ian Brooks's profile picture
$216.6M Sold

Details

Deal Summary
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SOLD
IMAGE: Ian Brooks, Don Yahn & Dan Organ DATE: 07/18/2023 ADDRESS: 51 10th Avenue MARKET: Meatpacking District, Manhattan ASSET TYPE: Office BUYER: Hyundai Motor America (@HyundaiUSA) SELLER: Edward Raboy BROKER: Don Yahn (@DonYahnUSA), Ian Brooks & Dan Organ - Cushman & Wakefield (@CushWake) SALE PRICE: $25,000,000 SF: 6,735 ~ PPSF: $3,712

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Address51 10th Avenue

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