APF Properties Acquires Office Building In Manhattan For $64.9M

The office property located at 163-169 Varick Street in New York City has been sold for a total price of $64,900,000. Spanning over an area of 50,000 square feet, the property is situated in the Manhattan market. The sale price per square foot amounts to $1,298.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $64,900,000
• Square Footage: 50,000
• Price per Square Foot: $1,298
• Address: 163-169 Varick Street, New York
• Market: Manhattan

The seller of the property is Heritage Realty, represented by Michael Aryeh and @Alexhaji. The buyer is APF Properties, represented by Kenneth Aschendorf and Berndt Perl. The deal was facilitated by CBRE’s Darcy Stacom and Bill Shanahan.