K Property Group Acquires Office Building On Howard Street, Manhattan For $46M

Located at 30-32 Howard Street in New York City's Manhattan market, this office property was recently involved in a closed transaction. The property spans 42,000 square feet and was sold for a total price of $46,000,000, translating to a price per square foot of $1,095. The asset is owned by the Monsees Family, who previously operated the Putman Ladder Company.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $46,000,000
• Address: 30-32 Howard Street
• City: New York
• Market: Manhattan
• Square Footage: 42,000
• Price Per Square Foot: $1,095

The buyers of this property are Greg Kraut and Rod Kritsberg of K Property Group. Represented by their broker, K Property Group successfully closed the deal, acquiring this office asset.