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Holliswood Development Acquires Mixed Use Property On West 15th Street In Manhattan For $21M

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FINANCED
Lexington Henn
Raymond Salameh
+ 1

New York

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Mixed-use20,000 SF
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FINANCED

Holliswood Development Acquires Mixed Use Property On West 15th Street In Manhattan For $21M

214-216 W 15th St, New York, NY 10011, USA

See Similar Deals
Mixed-use20,000 SF
Lexington Henn
Raymond Salameh
+ 1
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:20,000 SF
Transaction Type:Loan

A mixed-use property located at 214-216 West 15th Street in Manhattan has been sold for $21,000,000. The property spans 20,000 square feet and was developed by Holliswood Development. The transaction took place on June 15.

Summary of transaction details

  • Property Type: Mixed Use
  • Transaction Amount: $21,000,000
  • Building Square Footage: 20,000
  • Address: 214-216 West 15th Street, Manhattan, New York
  • Market: Manhattan

The deal was facilitated by the brokers, Raymond Salameh, Ari Hirt, Steven Buchwald, and Lexington Henn of Mission.Capital. They represented the parties involved in the transaction, providing expert guidance throughout the process. Arden Group served as the lender for the deal.

Players

Ari Hirt
28 deals$3.1B volume(301) 215-5500
BROKER

Raymond Salameh
Mission Capital Advisors
3 deals$8.2M volume
BROKER

Steven Buchwald
Institutional Property Advisors
23 deals$1.1B volume
BROKER

Lexington Henn
Institutional Property Advisors
12 deals$354.8M volume
BROKER

Arden Group
LENDER

Details

FINANCED
IMAGE: Raymond Salameh (@RaymondSalameh), Lexington Henn, Ari Hirt (@HirtAri) and Steven Buchwald DATE: 6/15 ADDRESS: 214-216 West 15th Street MARKET: Manhattan CITY: New York ASSET TYPE: Mixed Use AMOUNT: $21,000,000 BSF: 20K LENDER: Arden Group LANDLORD/DEVELOPER: Holliswood DevelopmentBROKERS: Raymond Salameh, Ari Hirt, Steven Buchwald, and Lexington Henn of @Mission.Capital

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Debt Service Coverage Ratio (DSCR)

0.00x

Max Loan Amount

$0.00

Monthly NOI$0.00
Monthly Debt Service$0.00
Change in Cash Flow$0.00
Refinance Proceeds$0.00