Brickman Associates Acquires Office Building In Manhattan For $70.75M
SOLD
New York
See Similar DealsOffice7,357 SF
Sold 10/17/2017
SOLD
Brickman Associates Acquires Office Building In Manhattan For $70.75M
256 W 38th St, New York, NY 10018, USA
See Similar DealsOffice7,357 SF
Sold 10/17/2017
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:7,357 SF
Transaction Type:Sale
The property involved in this transaction is an office located at 256 W 38th Street in New York City, specifically in the Manhattan market. The property was sold for a total price of $70,751,921.70. The seller of the property was NY Reit, while the buyer was Brickman Associates. The transaction was facilitated by the real estate brokerage firm Cushman & Wakefield.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $70,751,921.70
- Seller: NY Reit
- Buyer: Brickman Associates
- Broker: Cushman & Wakefield
This transaction highlights the collaborative efforts of NY Reit as the seller, Brickman Associates as the buyer, and Cushman & Wakefield as the brokerage firm. The deal signifies the successful transfer of ownership for the office property located at 256 W 38th Street in Manhattan.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
Is there something missing? Send suggestions