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107 East 70th Street
SOLD

Altneu Synagogue Purchases Office Building From Daniel Savitt For $34.5M

107 East 70th Street

Office
17,726 SF
clock iconSold 22 days ago
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Summary

Sale
NEW YORK
Office
17,726 sqft

The office building at 107 East 70th Street in Lenox Hill, Manhattan, was sold for $34.5 million. The property spans 17,726 square feet with a price per square foot of $1,946. The transaction involved the Altneu Synagogue purchasing the building from the Visiting Nurse Service of New York.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $34,500,000
  • Buyer: Altneu Synagogue - Altneu Building LLC
  • Seller: Daniel Savitt - Visiting Nurse Service
  • Market: Lenox Hill, Manhattan
  • Building Square Footage: 17,726
  • Price per Square Foot: $1,946

Altneu Synagogue, represented by Altneu Building LLC, acquired the property with the assistance of a $10 million mortgage provided by Len Blavatnik's Access Industries.

Details

Deal Summary
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SOLD
IMAGE: Daniel Savitt DATE: 03/29/2024 ADDRESS: 107 East 70th Street MARKET: Lenox Hill, Manhattan ASSET TYPE: Office BUYER: Altneu Synagogue - Altneu Building LLC SELLER: Daniel Savitt - Visiting Nurse Service SALE PRICE: $34,500,000 BSF: 22,092 ~ PPBSF: $1,562 SF: 17,726 ~ PPSF: $1,946 NOTE: Altneu Synagogue, represented by Altneu Building LLC, purchased the office building at 107 East 70th Street in Lenox Hill, Manhattan, from the nonprofit Visiting Nurse Service of New York for $34.5 million, with a $10 million mortgage provided by Len Blavatnik's Access Industries.

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Address107 East 70th Street

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