Foreign Capital Group Acquires Mixed-use Asset From Danny & Andy Wrublin For $14.5M
New York
See Similar DealsForeign Capital Group Acquires Mixed-use Asset From Danny & Andy Wrublin For $14.5M
60 West 22nd Street, 62 West 22nd Street & 684 Sixth Avenue
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This mixed-use asset, located at The Flatiron Trio - 60-62 West 22nd Street & 684 Avenue of the Americas, was sold for $14,500,000. The property spans 11,871 square feet, resulting in a price per square foot of $1,158. The sale took place in the Flatiron market.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $14,500,000
- Square Footage: 11,871
- Price per Square Foot: $1,158
- Seller: Danny & Andy Wrublin - Dalan Real Estate
- Broker Representatives: Joseph Koicim, Logan Markley, & Paige DeMutis - Marcus & Millichap
The property was acquired by a foreign capital group, who secured over 50% of the income from retail tenants. The transaction was managed by brokers Joseph Koicim, Logan Markley, and Paige DeMutis from Marcus & Millichap, who played a significant role in the completion of the deal.
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