ABC Management Acquires Office Condominium At 599 Broadway From Dave Boonshoft For $5M

The property asset involved in this transaction is an office condominium located at 599 Broadway - 7th Floor in the Soho market. The sale price of the property was $5,000,000, and it encompasses a total square footage of 11,000, resulting in a price per square foot of $454.

Summary of transaction details:

• Property Type: Office Condominium
• Transaction Amount: $5,000,000
• Address: 599 Broadway - 7th Floor
• Market: Soho
• Buyer: ABC Management
• Seller: Dave Boonshoft
• Brokers: Michael Rudder & Justin Harris - Rudder Property Group
• Square Footage: 11,000
• Price per Square Foot: $454

This transaction included broker representatives Michael Rudder and Justin Harris from Rudder Property Group, who facilitated the deal between ABC Management and seller Dave Boonshoft. The brokers assisted the owner-occupier in capitalizing on the long-term benefits of office ownership through the sale of this condominium.