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

Property Image
SOLD
$69,850,000

New York

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Mixed-use62,000 SF
Sold 11/07/2022
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Property Image
SOLD

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

301 West 22nd Street

See Similar Deals
Mixed-use62,000 SF
Sold 11/07/2022
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$1,126
Total Square Footage:62,000 SF
Transaction Type:Sale

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.

Players

Steven Vegh
68 deals$2.5B volume(917) 715-8259
BROKER

Steven Vegh
Westwood Realty Associates
68 deals$2.5B volume(917) 715-8259
BROKER

David Schwartz
Waterton
40 deals$2.8B volume
BROKER

Martin Nussbaum
Slate Property Group
25 deals$1.8B volume
BUYER

David Schwartz
Slate Property Group
40 deals$2.8B volume
BUYER

Slate Property Group
LENDER

Details

SOLD
IMAGE: Martin Nussbaum, David Schwartz & Steven Vegh DATE: 07/11/2022 ADDRESS: 301 W. 22nd Street, 300 W. 21st Street & 229 W. 20th Street MARKET: Chelsea ASSET TYPE: Mixed-use BUYER: Slate Property Group (@SlatePropertyGroup) - Martin Nussbaum & David Schwartz SELLER: Zev Feld BROKER: Steven Vegh (@StevenVegh) - Westwood Realty Associates SALE PRICE: $69,850,000 SF: 62,000 ~ PPSF: $1,126

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