Anbau, Inc has acquired a development site located at 10 West 17th Street in the Flatiron District of Manhattan. The transaction took place on December 16, 2022. The property is a development site, indicating its potential for future construction or expansion. The sale price for this transaction was $15,500,000, with a total buildable square footage (BSF) of 41,400. The price per buildable square foot (PPBSF) was approximately $374.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $15,500,000
• Address: 10 West 17th Street
• Market: Flatiron District, Manhattan
• Buyer: Anbau, Inc - Alexander H. Glascock
• Seller: Arun Bhatia Development Organization
• Total Buildable Square Footage: 41,400
• Price per Buildable Square Foot: $374

The buyer in this transaction is Anbau, Inc, represented by Alexander H. Glascock. The seller is Arun Bhatia Development Organization. The acquisition of this development site presents an opportunity for Anbau, Inc to further enhance its portfolio in the Flatiron District of Manhattan.