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Cris Burnam Acquires Mixed-Use Property On Spring Street In Hudson Square For $367.7M

Property Image
SOLD
$367,700,000

New York

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Mixed-use281,387 SF
Sold 12/16/2021
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Property Image
SOLD

Cris Burnam Acquires Mixed-Use Property On Spring Street In Hudson Square For $367.7M

260 Spring Street, New York City, New York 10013, United States

See Similar Deals
Mixed-use281,387 SF
Sold 12/16/2021
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$1,306
Total Square Footage:281,387 SF
Transaction Type:Sale

The property located at 260 & 272 Spring Street in Hudson Square, Manhattan, has been sold for a total price of $367,700,000. This mixed-use asset spans a total square footage of 281,387, with a building size of 416,900 BSF and a price per BSF of $882. The property features zoning classified as M1-6, HSQ, and consists of a lot size measuring 25,460 square feet with dimensions of 175 ft x 150 ft. The FAR is 11.05 and the tax class is 4.

Summary of transaction details:

  • Property Type: Mixed Use
  • Transaction Amount: $367,700,000
  • Buyer: Cris Burnam
  • Seller: Jon Dario
  • Building Size (BSF): 416,900
  • Price Per BSF: $882
  • Square Footage (SF): 281,387
  • Price Per SF: $1,308
  • FAR: 11.05
  • Tax Class: 4
  • Lot Size: 25,460
  • Last Sale Price: $0 (2/27/1998)
  • Lot Dimension: 175 ft x 150 ft

In this transaction, Cris Burnam acted as the buyer, while Jon Dario represented the seller. The transaction was completed on December 16, 2021, and marks the first sale recorded for this property since February 27, 1998.

Players

22 deals$3B volume
BROKER

Cris Burnam
18 deals$3B volume
BUYER

Jon Dario
22 deals$3B volume
SELLER

Details

SOLD
IMAGE: 12/16/2021 ADDRESS: 260 & 272 Spring Street MARKET: Hudson Square, Manhattan ASSET TYPE: Mixed Use ~ ZONING: M1-6, HSQ BUYER: Cris Burnam SELLER: Jon Dario PRICE: $367,700,000 BSF: 416,900 ~ PPBSF: $882 SF: 281,387 ~ PPSF: $1,308 FAR: 11.05 TAX CLASS: 4 LOT SIZE: 25,460 LAST SALE PRICE: 0 (2/27/1998) LOT DIMENSION: 175 ft x 150 ft

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