Weatherley Family Sells Midtown South Office Building For $18M Through Colliers & B6

The property located at 16 West 39th Street in Midtown South was sold for $18,000,000. The asset, an office space spanning 51,273 square feet, was previously leased to Lord & Taylor for over 40 years. It is notable that the property was connected to 424 Fifth Avenue (Amazon's NYC HQ) on every floor.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $18,000,000
• Address: 16 West 39th Street
• Market: Midtown South
• Square Footage: 51,273

Zach Redding and Dylan Kane from Colliers, along with Paul Massey & Alex Woodlief from B6 Real Estate Advisors, were the brokers involved in the sale of the property. The deal was co-listed with B6 Real Estate. It's worth noting that the property's previous tenant, Lord & Taylor, had a long-standing occupancy history at the location.