facebook
Traded Co logo
Submit
Daily limit: 0/10

Jon Winkelried Of TPG Capital Acquires Office Building From Steven Elghanyan For $71M

Property Image
SOLD
$71,000,000

New York

See Similar Deals
Office66,893 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Jon Winkelried Of TPG Capital Acquires Office Building From Steven Elghanyan For $71M

410 West 13th Street

See Similar Deals
Office66,893 SF
Sold
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$1061
Total Square Footage:66893 SF
Transaction Type:Sale

The transaction involved an office asset located at 410 West 13th Street in Manhattan's Meatpacking District. The property spans 66,893 square feet and was sold for a total of $71 million, translating to approximately $1,061 per square foot.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $71,000,000
  • Square Footage: 66,893
  • Price Per Square Foot: $1,061
  • Buyer: Jon Winkelried - TPG Capital
  • Seller: Steven Elghanyan - EPIC LLC
  • Transaction Date: December 26, 2025
  • Address: 410 West 13th Street, Meatpacking District, Manhattan

Jon Winkelried of TPG Capital and Steven Elghanyan of EPIC LLC were the key individuals involved in the deal, with Winkelried representing the interests of TPG Capital as the buyer and Elghanyan representing EPIC LLC as the seller.

Players

JW
Jon Winkelried
10 deals$641.3M volume
BUYER

Details

SOLD
IMAGE: Jon Winkelried & Steven Elghanayan DATE: 12/26/2025 ADDRESS: 410 West 13th Street MARKET: Meatpacking District, Manhattan ASSET TYPE: Office BUYER: Jon Winkelried - TPG Capital SELLER: Steven Elghanyan - EPIC LLC SALE PRICE: $71,000,000 SF: 66,893 ~ PPSF: $1,061 NOTE: Jon Winkelried of TPG Capital acquired the 66,893 sq ft office at 410 West 13th Street in Manhattan’s Meatpacking District for $71 million, or roughly $1,061 per sq ft, from Steven Elghanyan of EPIC LLC on December 26, 2025.

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

Contact

Get in touch with the broker you want

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$3,786,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$252,248.00
Cash-on-Cash Return-1.27%
Monthly Debt Service$336,576.22
Annual Debt Service$4,038,914.67