Elliot Spitzer Of Spitzer Enterprises Acquires Office Condo From SK Corp For $10M In Midtown

The property asset involved in this transaction is an office condo located at 55 East 59th Street, encompassing the 10th and 11th floors. The sale price for this asset was $10,000,000, which equates to a price per unit of $5,000,000. The total square footage is 22,861, resulting in a price per square foot of $437. This transaction took place within the Midtown/Plaza District.

Summary of transaction details:

• Property Type: Office Condo
• Transaction Amount: $10,000,000
• Buyer: Elliot Spitzer - Spitzer Enterprises
• Seller: SK Corp - Hyejoo Kim
• Seller's Representative: Will Conrad, Joseph Grotto & James Galef - Cushman & Wakefield
• Units: 2
• Square Footage: 22,861
• Price Per Unit: $5,000,000
• Price Per Square Foot: $437

The key individuals involved in this deal include Elliot Spitzer, representing Spitzer Enterprises as the buyer, and Hyejoo Kim of SK Corp as the seller. The seller's representatives were Will Conrad, Joseph Grotto, and James Galef from Cushman & Wakefield, who facilitated the transaction on behalf of the seller.