Sagehall Partners Acquires Office Building At 428 Broadway SoHo For $47 Million

The transaction involves the sale of an office property located at 428 Broadway in SoHo, Manhattan. The building has a total square footage of 42,000 and was sold for $47,000,000, translating to a price per square foot of $1,119.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $47,000,000
• Address: 428 Broadway
• Market: SoHo, Manhattan
• Square Footage: 42,000
• Price Per Square Foot: $1,119
• Buyer: Sagehall Partners
• Seller: Roget Lerner, Jean-Marc Donics & Chetrit Organization

Key individuals involved in the transaction include the buyer, Sagehall Partners, and sellers Roget Lerner, Jean-Marc Donics, and the Chetrit Organization. This sale reflects a significant investment in the SoHo area by the buyer.