The Community Church Of NY Acquires Commercial Condominium In Chelsea For $14.95M

The commercial condominium located at 207 West 25th Street, covering both the ground and second floors, was sold for $14,950,000. The property spans 20,464 square feet, resulting in a price per square foot of $730, and is situated in the Chelsea market of Manhattan.

Summary of transaction details:

• Property Type: Commercial Condominium
• Transaction Amount: $14,950,000
• Square Footage: 20,464
• Price Per Square Foot: $730
• Buyer: The Community Church of NY
• Seller: Stickley Audi & Company - Edward Audi
• Buyer's Representative: Geoffrey Newman - Savills
• Seller's Representatives: Michael Rudder & Justin Harris - Rudder Property Group

The deal was facilitated by Geoffrey Newman representing the buyer from Savills, while the seller was represented by the team of Michael Rudder and Justin Harris from Rudder Property Group. This transaction reflects a significant engagement between the parties involved in the commercial real estate market.