Joseph J. Sitt Of Thor Equities Acquires Office Asset At 1165 Broadway For $56M

1165 Broadway is a 58,000-square-foot office and retail asset located in Manhattan's NoMad district. The property was sold for $56,000,000, translating to a price per square foot of $966.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $56,000,000
• Buyer: Joseph J. Sitt - Thor Equities
• Seller: David Haddad
• Address: 1165 Broadway
• Market: NoMad, Manhattan
• Square Footage: 58,000
• Price Per Square Foot: $966

Joseph J. Sitt, representing Thor Equities, was involved in the acquisition from seller David Haddad. This transaction reflects a strategy to enhance presence in the office and retail market in a prime Manhattan location.