Dermot And PGGM Acquire Upper West Side Apartment Building For $416M
New York
See Similar DealsDermot And PGGM Acquire Upper West Side Apartment Building For $416M
101 West End Ave, New York, NY 10023, USA
See Similar DealsSummary
The apartment building located at 101 West End Avenue in New York City's Upper West Side has been sold in a closed transaction. The property, owned by Equity Residential and sold by Sam Zell, was acquired by Dermot and PGGM. The building consists of 503 units and spans a total area of 631,204 square feet. The transaction price was $416,000,000, resulting in a price per square foot of $659.
Summary of transation details
- Property Type: Apartment Building
- Transaction Amount: $416,000,000
- Units: 503
- Square Footage: 631,204
- Price per Square Foot: $659
- Address: 101 West End Avenue, New York City
- Market: Upper West Side
- Seller: Equity Residential – Sam Zell
- Buyer: Dermot and PGGM
- Brokers: @CushWake Harmon, Spies, Doneger, and Marcella
The deal was facilitated by the brokerage firm @CushWake, with brokers Harmon, Spies, Doneger, and Marcella representing the parties involved in the transaction.
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