KK Shankar Mahadev Corp Sells Hotel On Wild Avenue In New York City For $12.45M

The Hotel located at 300 Wild Avenue in New York City has been sold for a price of $12,450,000. The property, owned by K.K. Shankar Mahadev Corp and represented by Sanjay Patel & Shailesh Kumar, was listed and sold by Anudeep Gosal of Besen Partners. The hotel spans across 36,808 square feet, with a price per square foot of $338. It includes 95 keys, resulting in a price per key of $131,052.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $12,450,000
• Address: 300 Wild Avenue
• Market: New York City
• Seller: K.K. Shankar Mahadev Corp - Sanjay Patel & Shailesh Kumar
• Broker: Anudeep Gosal - Besen Partners
• Total Square Footage: 36,808
• Price per Square Foot: $338
• Number of Keys: 95
• Price per Key: $131,052

The sale of the hotel was facilitated by Anudeep Gosal of Besen Partners, who represented the seller, K.K. Shankar Mahadev Corp, and the buyers in this transaction. The deal demonstrates the expertise and successful negotiation skills of the parties involved.