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Hebrew Union College Acquires Mixed-Use Property At 56 West 66th Street From Disney For $32M

Property Image
SOLD
$32,000,000

New York

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Mixed-use42,674 SF
Sold 02/07/2025
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Property Image
SOLD

Hebrew Union College Acquires Mixed-Use Property At 56 West 66th Street From Disney For $32M

56 West 66th Street

See Similar Deals
Mixed-use42,674 SF
Sold 02/07/2025
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$749
Total Square Footage:42,674 SF
Transaction Type:Sale

The property asset involved in this transaction is a mixed-use building located at 56 West 66th Street in Manhattan. It was sold for a total amount of $32,000,000, encompassing a total square footage of 42,674 square feet, resulting in a price per square foot of $749.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $32,000,000
  • Address: 56 West 66th Street
  • Market: Manhattan
  • Square Footage: 42,674
  • Price Per Square Foot: $749
  • Buyer: Hebrew Union College
  • Seller: Disney
  • Broker: David Schechtman - Meridian Capital Group & Will Silverman - Eastdil
  • Buyer's Representative: David Carlos - JLL

The key individuals involved in the transaction include the buyer, Hebrew Union College, and the seller, Disney. The brokers representing the deal are David Schechtman from Meridian Capital Group and Will Silverman from Eastdil, while the buyer's representative is David Carlos from JLL.

Players

David Carlos
5 deals$575.7M volume(212) 376-5444
BROKER

Will Silverman
Eastdil Secured
74 deals$28.8B volume
BROKER

Will Silverman
Eastdil Secured
74 deals$28.8B volume
BROKER

David Schechtman
Meridian Capital Group
68 deals$1.8B volume
BROKER

Eastdil Secured
BROKERAGE

JLL
BROKERAGE

Details

SOLD
IMAGE: David Schechtman DATE: 02/07/2025 ADDRESS: 56 West 66th Street MARKET: Manhattan ASSET TYPE: Mixed-use BUYER: Hebrew Union College SELLER: Disney BROKER: David Schechtman (@Team.Schechtman) - Meridian Capital Group (@Meridian.Capital.Group) & Will Silverman - Eastdil BUYER'S REP: David Carlos - JLL SALE PRICE: $32,000,000 SF: 42,674 ~ PPSF: $749

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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