Adams & Co. Real Estate Acquires Mixed-Use Building In Manhattan's Flatiron District For $28.1M

A prewar 12-story building located at 47 West 17th Street in Manhattan's Flatiron District has been sold for $28.1 million. The buyer, Adams & Co. Real Estate, acquired the mixed-use property from Rockrose Development. The building features empty retail space, adding to its potential value.

Summary of transaction details

• Property Type: Mixed-Use
• Transaction Amount: $28,100,000
• Buyer: Adams & Co. Real Estate - James B. Buslik, David Levy, Kenneth Walsh, John Perlman
• Seller: Rockrose Development - Henry Elghanayan, Justin Elghanayan
• Address: 47 West 17th Street
• Market: Manhattan

Adams & Co. Real Estate, represented by James B. Buslik, David Levy, Kenneth Walsh, and John Perlman, completed the purchase of the prewar building at 47 West 17th Street. The transaction involved several key individuals and companies, including the seller, Rockrose Development, represented by Henry Elghanayan and Justin Elghanayan. The acquisition of this mixed-use property presents an opportunity for Adams & Co. Real Estate to utilize the empty retail space and maximize its value.