Skyline Developers Acquires Multifamily Property In Midtown Manhattan For $75M

The multifamily property located at 9-11 W 54th St has been sold in a closed transaction. The property spans approximately 22,500 square feet and was sold for a total price of $75 million. This results in a price per square foot of $3,333. The sale was finalized on 03/07/2019.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $75 million
• Address: 9-11 W 54th St
• Buyer: Skyline Developers - The Wilf Family
• Seller: DLJ Real Estate Capital Partners & J.D. Carlisle
• Broker: @CathyFFranklin @thecorcorangroup

The buyer of the property is Skyline Developers, represented by The Wilf Family. The seller in this transaction is DLJ Real Estate Capital Partners and J.D. Carlisle. The deal was facilitated by Cathy Franklin of The Corcoran Group.