Conor Myhrvold Acquires Mixed-Use Property At 527 West 29th Street For $6.3M

The mixed-use property located at 527 West 29th Street in the Chelsea market has been sold for $6,300,000. The asset encompasses a total square footage of 10,717, breaking down into a residential buildable square footage of approximately 15,425 and commercial buildable square footage of about 12,340. The sale reflects a price per square foot of $587.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $6,300,000
• Address: 527 West 29th Street
• Market: Chelsea
• Square Footage: 10,717
• Residential BSF: 15,425±
• Commercial BSF: 12,340±
• Price per Square Foot: $587
• Buyer: Conor Myhrvold
• Brokers: Frederick Richter, Noah Kossoff, Mitchell Levine & Kyle Sabath - Avison Young

The transaction was facilitated by brokers Frederick Richter, Noah Kossoff, Mitchell Levine, and Kyle Sabath, who represent Avison Young in this deal. Their involvement highlights key professional contributions towards the successful completion of the sale.