Olmstead Properties Acquires Mixed-Use Asset From Blackstone And L3 Capital For $53M In Soho
New York
See Similar DealsOlmstead Properties Acquires Mixed-Use Asset From Blackstone And L3 Capital For $53M In Soho
61 63 Crosby Street
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The mixed-use asset located at 61-63 Crosby Street in Soho, Manhattan was sold for $53,000,000. The property encompasses a total area of 32,400 square feet, equating to a price per square foot of $1,635.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $53,000,000
- Address: 61-63 Crosby Street
- Market: Soho, Manhattan
- Square Footage: 32,400
- Price Per Square Foot: $1,635
- Buyer: Olmstead Properties
- Seller: Blackstone & L3 Capital
- Brokers: Adam Spies, Brett Siegel, Adam Doneger, Douglas Harmon, Joshua King, Marcella Fasulo, Avery Silverstein, Benjamin (Ben) Lushing & Meaghan Philbin - Newmark
The transaction involved multiple key players from Newmark, with notable representatives including Adam Spies, Brett Siegel, and Douglas Harmon among others. The brokers played a crucial role in facilitating the deal between the buyer and the seller, ensuring all aspects of the transaction were addressed efficiently.
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