MAG Partners Acquires Co-Op In Chelsea For $63.8 Million

A co-op located at 335 Eighth Avenue in Chelsea was recently sold on a leasehold basis. The sale took place on January 5, 2023. The buyer, MAG Partners, was represented by MaryAnne Gilmartin. On the other hand, the seller, Penn South, was represented by Ryan Dziedziech. The transaction amounted to $63,800,000.

Summary of transaction details:

• Property Type: Co-Op
• Transaction Amount: $63,800,000
• Address: 335 Eighth Avenue
• Market: Chelsea

MaryAnne Gilmartin, representing MAG Partners, played a crucial role in the deal as the buyer's representative. Ryan Dziedziech, representing Penn South, served as the seller's representative in the transaction.