Greg Corbin & Chaya Milworn of Northgate, Adam Etra & Jessica Shevins of Newmark Represent Sale Of Manhattan Hotel For $110M

The asset involved in the transaction is a hotel located at 2 West St in Manhattan. The property was sold for $110,000,000, encompassing a total square footage of 355,000. The price per square foot for the asset is noted at $309, while the total number of keys is 298, resulting in a price per key of $369,127.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $110,000,000
• Square Footage: 355,000
• Price per Square Foot: $309
• Keys: 298
• Price per Key: $369,127

The brokers involved in this transaction were Greg Corbin and Chaya Milworn from Northgate Real Estate Group, as well as Adam Etra and Jessica Shevins from Newmark, representing the respective parties in the deal.