Community Church Of New York Unitarian Universalist Acquires Office Condos In Chelsea For $14.9M

The property asset involved is an office space located at 217 West 25th Street in Chelsea, Manhattan. The total sale price achieved for the deal was $14,900,000 for three office condos encompassing 16,422 square feet, resulting in a price per square foot of approximately $907. The buyer plans for owner-occupancy of the space.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $14,900,000
• Address: 217 West 25th Street
• Market: Chelsea, Manhattan
• Square Footage: 16,422
• Price Per Square Foot: $907
• Buyer: The Community Church of New York Unitarian Universalist
• Seller: L. & J.G. Stickley

The transaction included The Community Church of New York Unitarian Universalist, represented by CCNY-UU, LLC. The seller in this transaction was L. & J.G. Stickley. The intent behind the purchase is to utilize the office space for owner-occupancy purposes.