Columbia Property Trust Acquires Office Building In New York For $314.7M
SOLD
New York
See Similar DealsOffice17,790 SF
Sold 10/01/2017
SOLD
Columbia Property Trust Acquires Office Building In New York For $314.7M
249 W 17th St, New York, NY 10011, USA
See Similar DealsOffice17,790 SF
Sold 10/01/2017
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:17,790 SF
Transaction Type:Sale
The office property located at 245-249 West 17th Street in New York City has been sold in a closed transaction. The property is situated in Manhattan and was previously occupied by TWITTER HQ. The office asset was sold for a price of $314,671,772.70.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $314,671,772.70
- Address: 245-249 West 17th Street
- City: New York
- Market: Manhattan
The seller of the property was NY REIT, while the buyer was Columbia Property Trust. The transaction was facilitated by the brokerage firm Cushman & Wakefield (@cushwake).
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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