Ariel Property Advisors Sells Mixed-Use Building In Midtown West For $2.16M

Located in Midtown West, 417 West 44th Street recently underwent a transaction, resulting in a sale. The property is a mixed-use asset consisting of an 18-unit SRO building with seven units currently vacant. Additionally, the property features a vacant garage space on the ground floor. The property spans a total of 7,791 square feet with a price per square foot of $277. The transaction was facilitated by Christoffer Brodhead and Nikola Cosic of Ariel Property Advisors. The sale price for this property was $2,162,000.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $2,162,000
• Address: 417 West 44th Street
• Market: Midtown West

Christoffer Brodhead and Nikola Cosic of Ariel Property Advisors served as the brokers representing the parties involved in this real estate transaction. It is worth noting that the deal originated while the brokers were at a different firm.