Quadrum Global Acquires Brooklyn Hotel On Wythe Avenue For $96M | 96 Wythe Avenue | Hotel | Sale

Summary

Sale

NEW YORK

Hotel

Quadrum Global has acquired a hotel property located at 96 Wythe Avenue in Brooklyn. The sale, which took place on January 12, 2023, involved a transaction worth $96,000,000.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $96,000,000
Address: 96 Wythe Avenue
Market: Brooklyn
Buyer: Quadrum Global
Seller: Toby Moskovits & Heritage Equity Partners
Key Individuals: Oleg Pavlov (Buyer Representative), Toby Moskovits (Seller), and Michael Lichtenstein (Seller Representative)
Keys: 147
Price Per Key: $653,061

Oleg Pavlov, representing Quadrum Global, facilitated the purchase of the property from Toby Moskovits and Heritage Equity Partners, with Michael Lichtenstein serving as their representative in the deal.

Details

Deal Summary

SOLD

IMAGE: Toby Moskovits, Oleg Pavlov & Michael Lichtenstein DATE: 01/12/2023 ADDRESS: 96 Wythe Avenue MARKET: Brooklyn ASSET TYPE: Hotel BUYER: Quadrum Global - Oleg Pavlov SELLER: Toby Moskovits (@TobyMoskovits) & Heritage Equity Partners - Michael Lichtenstein (@Lichtenstein.M) SALE PRICE: $96,000,000 KEYS: 147 ~ PPK: $653,061

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Address96 Wythe Avenue

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