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SOLD

Newmark Brokers Facilitate $92.5M Sale Of Midtown Manhattan Office Building To GDS And Sabal Investment Holdings

146 West 57th Street

Office
263,273 SF
clock iconSold 153 days ago
Dustin Stolly
Christopher (Chris) Kramer
Evan Layne
+ 4
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Summary

Sale
NEW YORK
Office
263,273 sqft

The office building located at 146 West 57th Street in Midtown Manhattan has been sold in a transaction. The property spans 263,273 square feet and was sold for a price of $92,500,000, resulting in a price per square foot of $351.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: $92,500,000
  • Address: 146 West 57th Street
  • Market: Midtown Manhattan

The buyers involved in this transaction are Alan Rudikoff from GDS, and Michael Kirschmann and Tal Seder from Sabal Investment Holdings. The seller is Jochen Klosges from Aareal Bank.

The deal was facilitated by brokers Dustin Stolly, Jordan Roeschlaub, Adam Spies, Christopher Kramer, Adam Doneger, and Evan Layne from Newmark.

Players

  • All

    7

  • Agents

    6

  • Agencies

    1

Dustin Stolly's profile picture
Dustin Stolly
Newmark-image
Co-President, Debt & Structured Finance
$5.1B Sold

Details

Deal Summary
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SOLD
IMAGE: Jordan Roeschlaub, Dustin Stolly, Alan Rudikoff, Christopher Kramer, Michael Kirschmann, Jochen Klosges, Tal Seder, Adam Doneger, Adam Spies & Evan Layne DATE: 11/17/2023 ADDRESS: 146 West 57th Street MARKET: Midtown Manhattan ASSET TYPE: Office BUYER: Alan Rudikoff - GDS (@GDSNY); Michael Kirschmann & Tal Seder - Sabal Investment Holdings SELLER: Jochen Klosges - Aareal Bank (@Aareal_Bank_Group) BROKERS: Dustin Stolly, Jordan Roeschlaub (@JordyRoeschlaub), Adam Spies, Christopher Kramer, Adam Doneger (@ADoneger) & Evan Layne - Newmark (@Newmark) SALE PRICE: $92,500,000 SF: 263,273 ~ PPSF: $351

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Address146 West 57th Street

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