Network Capital Funding Acquires Office Building In Chelsea, Manhattan For $17.5M

Network Capital Funding has purchased the office building located at 453 West 17th Street in Chelsea, Manhattan for $17.5 million. The property, sold by Neal Wainland and Robert Wainland of The N.E.W. Corp, boasts 17,720 square feet of built space.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $17,500,000
• Square Footage: 17,720

Network Capital Funding, represented by Hung Vu Ngyun and Tri Minh Nguyen, acquired the property from The N.E.W. Corp. This deal marks a significant investment in the Chelsea, Manhattan market.