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237 Madison Avenue
SOLD

Kash Group Acquires Hotel In Manhattan For $37M From Seller FelCor Lodging

237 Madison Avenue

Hotel
77,000 SF
clock iconSold 1 year ago
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Summary

Sale
NEW YORK
Hotel
77,000 sqft

The Hotel located at 237 Madison Avenue in New York City, Manhattan, was sold on July 17th, 2017. The property was acquired by Kash Group and SHEL Capital LLC from the seller, FelCor Lodging, for a total price of $37,000,000. The hotel spans across 77,000 square feet, resulting in a price per square foot of $530. The transaction was facilitated by Jeffrey Davis, representing JLL.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $37,000,000
  • Address: 237 Madison Avenue, New York
  • Market: Manhattan

Kash Group and SHEL Capital LLC successfully purchased the hotel from FelCor Lodging. The deal was brokered by Jeffrey Davis from JLL. The hotel, located at 237 Madison Avenue in Manhattan's market, has a total area of 77,000 square feet. The transaction amount was $37,000,000, with a price per square foot of $530.

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Jeffrey Davis's profile picture
Jeffrey Davis
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Realtor
$37M Sold

Details

Deal Summary
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SOLD
IMAGE: 237 Madison Avenue DATE: 17th July, 2017 CITY: New York MARKET: Manhattan ASSET TYPE: Hotel SELLER: FelCor Lodging BUYER: Kash Group, SHEL Capital LLC @livingny BROKER: @JLL’s Jeffrey Davis PRICE: $37,000,000 SF: 77,000 ~ PSF: $530

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Address237 Madison Avenue

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