Elad Group And Silverstein Properties Acquire Mixed-Use Property In Manhattan For $67M
SOLD
New York
See Similar DealsMixed-use67,000 SF
Sold 11/29/2020
SOLD
Elad Group And Silverstein Properties Acquire Mixed-Use Property In Manhattan For $67M
625 W 59th St, New York, NY 10019, USA
See Similar DealsMixed-use67,000 SF
Sold 11/29/2020
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:67,000 SF
Transaction Type:Sale
625 West 59th Street, a mixed-use property located in New York City's Manhattan market, recently sold for $67,000,000. Spanning 67,000 square feet, this property offers a prime investment opportunity.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $67,000,000
- Address: 625 West 59th Street
- Market: Manhattan
The sale of 625 West 59th Street involved several key individuals and companies. Marian Stoltz-Loike, Ph.D., the Dean of Lander College for Women, represented the buyer in this transaction. Cushman & Wakefield's Richard Bernstein and Mark S. Weiss served as the deal's brokers, while The Elad Group, led by Yitzhak Tshuva, and Silverstein Properties, headed by Larry Silverstein, were the selling entities. This transaction highlights the collaborative effort between these prominent figures in the real estate industry.
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