PD Equities Sells Retail Property In Midtown South For $30M With Broker Elad Dror

An office building located at 110 West 32nd Street in Midtown South has been sold for $30,000,000. The property spans across 30,000 square feet, resulting in a price per square foot of $1,000.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $30,000,000
• Address: 110 West 32nd Street
• Market: Midtown South
• SF: 30,000
• PPSF: $1,000

Tony Park, representing PD Equities, served as the seller in this transaction. Elad Dror, from PD Properties, acted as the broker facilitating the deal.

In September 2023, Tony Park and PD Equities acquired the same office building for $37,000,000. PD Equities, looking for further value-added opportunities, is interested in properties located in Koreatown and Midtown areas.