Hospital For Special Surgery Acquires School In Lenox Hill For $28M

The property involved in this transaction is a school located at 510 East 74 Street in the Lenox Hill market. The property has a total square footage of 14,149 and is zoned as M1-4. The sale took place on November 24, 2020, and the transaction price was $28,000,000 with a price per square foot of $1,980. The buyer of the property was the Hospital for Special Surgery, represented by Stacey Malakoff. The seller was Hedi H White.

Summary of transaction details:

• Property Type: School
• Transaction Amount: $28,000,000
• Square Footage: 14,149
• Price per Square Foot: $1,980
• Address: 510 East 74 Street
• Market: Lenox Hill
• Zoning: M1-4
• Buyer: Hospital for Special Surgery - Stacey Malakoff
• Seller: Hedi H White

Stacey Malakoff, representing the Hospital for Special Surgery, played a key role as the buyer in this transaction. Hedi H White, on the other hand, acted as the seller. The transaction between these parties resulted in the sale of the school property at 510 East 74 Street, Lenox Hill market, for a price of $28,000,000.