SOLD
The Elo Organization Acquires Mixed-Use Property In Midtown Manhattan
37 West 46th Street
Mixed-use
12,100 SF
12,100 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Mixed-use
12,100 sqft
The mixed-use property located at 37 West 46th Street in Midtown has been sold in a recent transaction. The property, spanning approximately 12,100 square feet, was sold by the Lee Family to The Elo Organization represented by Noorollah Asherian. The sale price for the property was $6,000,000, which translates to a price per square foot of $495.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $6,000,000
- Address: 37 West 46th Street
- Market: Midtown
Nir Mor and Rubens Jordan from Capital Property Partners acted as the brokers in this transaction, representing both the buyer, The Elo Organization, and the seller, the Lee Family. The property, with its prime location in Midtown, presented an attractive investment opportunity for The Elo Organization.
Players
All
4
Agents
2
Agencies
2
Details
SOLD
IMAGE: Nir Mor (@NirMor5) & Rubens Jordan (@RubsJ1)
DATE: 10/26/2020
ADDRESS: 37 West 46th Street
MARKET: Midtown
ASSET TYPE: Mixed-use
BUYER: The Elo Organization – Noorollah Asherian
SELLER: The Lee Family
BROKERS: Nir Mor, Rubens Jordan – Capital Property Partners
ASKING PRICE: $8,980,000
SALE PRICE: $6,000,000
SF: 12,100 ~ PPSF: $495View on map
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Address37 West 46th Street
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