Sioni Group Acquires Office Building At 38 West 21st Street For $31 Million From Jack Vogel Associates

The office asset involved in the transaction is located at 38 West 21st Street in Manhattan's Flatiron District. It was sold for $31 million, encompassing a total of 68,808 square feet, which translates to a price per square foot of $451.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $31,000,000
• Address: 38 West 21st Street
• Market: Flatiron District, Manhattan
• Buyer: Jack Yadidi & Ray Yadidi - Sioni Group
• Seller: Jack Vogel Associates
• Square Footage: 68,808
• Price Per Square Foot: $451

Sioni Group, represented by Jack Yadidi and Ray Yadidi, completed the acquisition from Jack Vogel Associates, who are tied to the Vogel family as long-time owners of the property.