Dario Zar Of Zar Property NY Acquires Office Building In Flatiron District For $27M

The office asset involved in the transaction is located at 37 East 18th Street in the Flatiron District of Manhattan. The property was sold for a total of $27,000,000, encompassing a total square footage of 67,051, resulting in a price per square foot of $403.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $27,000,000
• Address: 37 East 18th Street
• Market: Flatiron District, Manhattan
• Buyer: Dario Zar - Zar Property NY
• Seller: Norman Sheer, Sari Greenbaum & Steve Kerler - 37-41 East 18th Street Realty Co., LLC
• Broker: Robert Knakal - BK Real Estate Advisors
• Square Footage: 67,051
• Price per Square Foot: $403

Dario Zar represented Zar Property NY in the acquisition of the office building, while the seller group, 37-41 East 18th Street Realty Co., LLC, included Norman Sheer, Sari Greenbaum, and Steve Kerler. The transaction was brokered by Robert Knakal from BK Real Estate Advisors.