Zar Properties Acquires Office W/ Retail Property On 250 West 54th Street, Manhattan For $83M

The property located at 250 West 54th Street in New York City has been sold in February 2017. This property is an office space with retail amenities and is situated in the Manhattan market. The transaction was closed at a price of $83 million, equivalent to $509 per square foot. The seller of the property was Ascot Properties, while the buyer was Zar Properties.

Summary of transaction details

• Property Type: Office w/ retail
• Transaction Amount: $83 Million
• Address: 250 West 54th Street, New York
• Market: Manhattan

Ascot Properties represented the seller in this deal, while Zar Properties acted as the buyer's representative.