Slate Property Group Acquires Chelsea Mixed-use Assets For $69.85M

The mixed-use property located at 301 W. 22nd Street, 300 W. 21st Street, and 229 W. 20th Street in Chelsea has been sold for a total of $69,850,000. The property spans approximately 62,000 square feet, resulting in a price per square foot of $1,126. The sale took place on 07/11/2022 and involved the buyer Slate Property Group, represented by Martin Nussbaum and David Schwartz, and the seller Zev Feld. The transaction was facilitated by the broker Steven Vegh from Westwood Realty Associates.

Summary of transaction details

• Property Type: Mixed-use
• Sale Price: $69,850,000
• Square Footage: 62,000
• Price per Square Foot: $1,126
• Date: 07/11/2022
• Market: Chelsea

Slate Property Group, led by Martin Nussbaum and David Schwartz, acquired the mixed-use property located at 301 W. 22nd Street, 300 W. 21st Street, and 229 W. 20th Street in Chelsea. The seller, Zev Feld, handed over the property for a total sale price of $69,850,000. The transaction was facilitated by Steven Vegh from Westwood Realty Associates, who represented the buyer in the deal.