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Atlas Capital Group Acquires Multifamily Building At 15 Park Row For $142M

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SOLD
$142,000,000
Morris Betesh
Karen Wiedenmann
+ 4

New York

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MultiFamily330,000 SF
Sold 01/20/2021
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Property Image
SOLD

Atlas Capital Group Acquires Multifamily Building At 15 Park Row For $142M

15 Park Row, New York, NY, USA

See Similar Deals
MultiFamily330,000 SF
Sold 01/20/2021
Morris Betesh
Karen Wiedenmann
+ 4
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$430
Total Square Footage:330,000 SF
Transaction Type:Sale

15 Park Row is a multifamily property located in the Financial District. It was sold on January 20, 2021, for a price of $142,000,000. The property spans 335,000 square feet, resulting in a price per square foot of $423. The transaction involved the sale of 335 units, with a price per unit of $423,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $142,000,000
  • Square Footage: 335,000
  • Price per Square Foot: $423
  • Number of Units: 335
  • Price per Unit: $423,000

The buyer of the property was Atlas Capital Group, while the seller was Park Row Realty - Friedman Family, represented by Jason Friedman. The transaction was facilitated by brokers Helen Hwang, Karen Wiedenmann, Brian Szczapa, Yasmin Kheradpey, and Ernie Nichols from Meridian Capital Group.

15 Park Row is a highly sought-after asset located in one of Downtown's prime locations. It stands out as the only rental building among Park Row's luxury condominiums. The property offers spacious units with high ceilings and breathtaking views of notable landmarks such as the World Trade Center, the Woolworth Building, and Midtown.

Players

Morris Betesh
211 deals$12.3B volume(646) 825-7005
BROKER

Helen Hwang
Meridian Capital Group
19 deals$2.5B volume
BROKER

Karen Wiedenmann
7 deals$1.1B volume
BROKER

Yasmin Kheradpey
Meridian Capital Group
11 deals$1.3B volume
BROKER

Alex Bailkin
Arrow Real Estate Advisors
63 deals$5.7B volume(646) 825-7007
BROKER

Brian Szczapa
Meridian Capital Group
14 deals$1.8B volume
BROKER

Ernie Nichols
3 deals$370.2M volume
BROKER

Atlas Capital Group
BUYER

Details

SOLD
IMAGE: Helen Hwang, Karen Weidenmann, Brian Szczapa, Yasmin Kheradpey, Ernie Nichols ADDRESS: @15ParkRowNYC MARKET: Financial District TYPE: Multifamily DATE: 01/20/2021 PRICE: $142,000,000 SF: 335,000 ~ PPSF: $423 UNITS: 335 ~ PPU: $423,000 BUYER: Atlas Capital Group SELLER: Park Row Realty - Friedman Family @JasonFriedmanNY BROKERS: Helen Hwang, Karen Wiedenmann, Brian Szczapa, Yasmin Kheradpey, Ernie Nichols ~ Meridian Capital Group NOTE FROM BROKER: 15 Park Row is an iconic asset situated in one of Downtown’s best locations. The asset is the only rental building amongst Park Row’s luxury condominium row and enjoys spacious units with high ceilings and spectacular views of the World Trade Center, the Woolworth Building and Midtown.

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