Premier Equities Acquires Retail Property At 200 East 59th Street For $31.25M

The retail property located at 200 East 59th Street in the Sutton Place market has been sold for a total of $31,250,000. The asset spans 18,220 square feet, equating to a price per square foot of $1,715.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $31,250,000
• Address: 200 East 59th Street
• Market: Sutton Place
• Sale Price: $31,250,000
• Square Footage: 18,220
• Price Per Square Foot: $1,715
• Buyer: Premier Equities
• Seller: Alpha Investment Partners
• Brokers: Daniel Kaplan, Justin Arzi & Gary Trock - CBRE

Key individuals involved in this transaction include the buyer Premier Equities and the seller Alpha Investment Partners, with representation from brokers Daniel Kaplan, Justin Arzi, and Gary Trock from CBRE, facilitating the deal efficiently.