Brookfield Asset Management Acquires Mixed-Use Property In Midtown For $446.5M

The mixed-use property located at 315 West 33rd Street in Midtown has been sold for a price of $446,500,000. The property spans over 555,125 square feet, with a price per square foot of $804. It consists of 333 units, with a price per unit of $1,340,840.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $446,500,000
• Square Footage: 555,125
• Price per Square Foot: $804
• Number of Units: 333
• Price per Unit: $1,340,840
• Address: 315 West 33rd Street, Midtown

The buyer of the property is Brookfield Asset Management, with Ric Clark representing the company in the deal. The seller, on the other hand, is SLGreen_Realty, with Andrew Matthias and Marc Holliday being the representatives. The transaction was facilitated by Darcy Stacom from CBRE.