Loftex Home - USA Acquires Office Condominium In Midtown West For $10.75M

A sale transaction has recently taken place for an office condominium in Midtown West. The property is located at 24 West 40th Street and has a total square footage of 11,158. The sale price for this transaction was $10,750,000, resulting in a price per square foot of $963. The buyer of the property is Loftex Home - USA, while the seller is Thor Equities, represented by Joseph Sitt and Jack Sitt. The deal was brokered by Michael Rudder from Rudder Property Group.

Summary of transaction details

• Property Type: Office Condominium
• Transaction Amount: $10,750,000
• Address: 24 West 40th Street
• Market: Midtown West

The sale of this office condominium was facilitated by Michael Rudder from Rudder Property Group, who represented the seller, Thor Equities. The buyer, Loftex Home - USA, acquired the property at the aforementioned price. This transaction showcases the continued activity and demand within the Midtown West office market.