Foreclosure Sale Of Iconic New York Friars Club At 57 East 55th Street For $17.2M

The property involved in this transaction is a mixed-use asset located at 57 East 55th Street in Manhattan. The sale was completed for a total of $17,200,000, equating to $1,182 per square foot for the 14,541 square feet of space.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $17,200,000
• Square Footage: 14,541
• Price per Square Foot: $1,182
• Address: 57 East 55th Street
• Market: Manhattan
• Brokers: Greg Corbin & Mickey Salzman - Northgate Real Estate Group

This transaction was notable as it involved the foreclosure sale of the former iconic New York Friars Club, emphasizing the significance of this location in New York's cultural and social landscape.