Mequity Companies Acquires Garage In New York City For $32.2M

The property at 41 E 21st St in New York City has been sold in a closed transaction. The asset involved in the transaction is a garage, spanning approximately 61,957 square feet. It was sold for a price of $32,200,000, resulting in a price per square foot of $519. The transaction took place on March 28, 2019.

Summary of transaction details

• Property Type: Garage
• Transaction Amount: $32,200,000
• Address: 41 E 21st St, New York City
• Square Footage: 61,957
• Price Per Square Foot: $519

The buyer of the property is Mequity Companies, while the seller is The Zucker Organization. The deal was facilitated by the brokers Steve Lorenzo, Mitchell Salmon, Christopher Ventura, and Sidney Rosenthal, who represent Lee & Associates.