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

9-11 West 54th Street, New York, NY, USA

$75,000,000

$3,333/SF

Building Size

22,500 SF

Asset Type

MultiFamily

Closing

Mar 6, 2019

AI

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.

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