Jerry Tang And Matthew Feast Acquire Mixed-use Asset At 303 West 42nd Street For $62M

The asset involved in the transaction is a mixed-use property located at 303 West 42nd Street & 300 West 43rd Street in Manhattan. It was sold for a total transaction amount of $62,000,000, encompassing approximately 144,000 square feet, resulting in a price per square foot of $430.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $62,000,000
• Address: 303 West 42nd Street & 300 West 43rd Street
• Market: Manhattan
• Square Footage: 144,000
• Price per Square Foot: $430
• Buyer: Jerry Tang & Matthew Feast
• Seller: Blake Partners, The Strauss Group & JAM Real Estate - Jared Pinchasick & Gary Podell
• Broker: Philip Katz - Katz NYC

Philip Katz of Katz NYC represented both the buyers, Jerry Tang and Matthew Feast, as well as the sellers, Blake Partners, The Strauss Group, and JAM Real Estate in this off-market transaction.