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CSC Real Estate Acquires Office Potential Residential Conversion In Financial District For $45.19M

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SOLD
$31,000,000

New York

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Development Site178,319 SF
Sold 09/30/2025
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Property Image
SOLD

CSC Real Estate Acquires Office Potential Residential Conversion In Financial District For $45.19M

75 Maiden Lane

See Similar Deals
Development Site178,319 SF
Sold 09/30/2025
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Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$173
Total Square Footage:178,319 SF
Transaction Type:Sale

The property asset involved in the transaction is located at 75 Maiden Lane and 13 Gold Street in the Financial District of Manhattan. It comprises an office space with potential for residential conversion, featuring a building square footage (BSF) of 244,335 and a total square footage (SF) of 178,319. The sale price for the asset was $45,193,000, resulting in a price per building square foot (PPBSF) of $185 and a price per square foot (PPSF) of $253.

Summary of transaction details:

  • Property Type: Office / Potential Residential Conversion
  • Transaction Amount: $45,193,000
  • Building Square Feet: 244,335
  • Total Square Feet: 178,319
  • Buyer: CSC Real Estate
  • Seller: A.M. Property Holding
  • Brokers: Zach Redding, Dylan Kane & Jared King - Colliers

The deal involved notable participants including CSC Real Estate as the buyer, who has acquired a significant asset in a prime market area, and A.M. Property Holding as the seller, offloading the property. The brokerage team comprised Zach Redding, Dylan Kane, and Jared King from Colliers, who represented the transaction, facilitating the sale process between the buyer and seller.

Players

Dylan Kane
58 deals$2.9B volume(516) 965-7860
BROKER

Zach Redding
Colliers
54 deals$1.8B volume(570) 574-9015
BROKER

Jared King
Colliers
4 deals$108.1M volume(212) 492-3369
BROKER

Colliers
BROKERAGE

Details

SOLD
IMAGE: Dylan Kane, Zach Redding & Jared King DATE: 10/03/2025 ADDRESS: 75 Maiden Lane & 13 Gold Street MARKET: Financial District, Manhattan ASSET TYPE: Office / Potential Residential Conversion ~ BSF: 244,335 ~ SF: 178,319 BUYER: CSC Real Estate SELLER: A.M. Property Holding BROKERS: Zach Redding (@ZRedds), Dylan Kane (@DylanKane1) (@Kane.Redding) & Jared King - Colliers (@ColliersInternational) SALE PRICE: $45,193,000 BSF: 244,335 ~ PPBSF: $185 SF: 178,319 ~ PPSF: $253

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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