Akelius Acquires Office Building In Flatiron District For $31.5M

The office property located at 28-30 West 22nd Street in the Flatiron District has been sold for a total of $31,500,000. The property spans across 32,433 square feet and was sold at a price of $971 per square foot.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $31,500,000

The seller of the property is Van Alen Institute, while the buyer is Akelius. The deal was facilitated by brokers John Ciraulo, Craig Waggner, and Doug Blankrot from CushWake, as well as Bob Knakal and Stephen Palmese from JLL. Additional involvement in the transaction includes Michael Stimler and Kunal Chothani.