Stellar Services Acquires Manhattan Office Building For $36M

Located in Manhattan, the office property at 62 W. 45th St. was recently sold in a transaction worth $36,000,000. Spanning an area of approximately 55,150 square feet, the property boasts a price per square foot of $652. The sale took place on 06/28/2022, with the buyer being Stellar Services and the seller identified as Ken Fishel.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $36,000,000
• Address: 62 W. 45th St.
• Market: Manhattan
• Size: 55,150 SF
• Price per Square Foot: $652

The buyer was represented by Dan Lolai, Eric Siegel, and Wayne Siegel from LSL Advisors. On the other hand, the seller was represented by Aaron Jungreis and Ben Khakshoor of Rosewood Realty Group.