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Manhattan Cardiology Acquires Retail Space In Flatiron District For $7 Million With Harel Group As Seller

Property Image
SOLD
$7,000,000
Justin Arzi
Daniel (Dan) Kaplan

New York

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Retail9,000 SF
Sold 07/21/2025
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Property Image
SOLD

Manhattan Cardiology Acquires Retail Space In Flatiron District For $7 Million With Harel Group As Seller

254 Park Avenue South

See Similar Deals
Retail9,000 SF
Sold 07/21/2025
Justin Arzi
Daniel (Dan) Kaplan
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$777
Total Square Footage:9,000 SF
Transaction Type:Sale

The retail asset located at 254 Park Avenue South in the Flatiron District features a total square footage of 9,000, and the sale concluded at a price of $7,000,000, translating to a price per square foot of $777.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $7,000,000
  • Address: 254 Park Avenue South
  • Market: Flatiron District
  • Square Footage: 9,000
  • Price per Square Foot: $777
  • Buyer: Manhattan Cardiology
  • Seller: Harel Group
  • Seller's Representative: Daniel Kaplan & Justin Arzi - CBRE

The transaction involved key figures including buyers from Manhattan Cardiology, represented by their agents, while the Harel Group was represented by Daniel Kaplan and Justin Arzi from CBRE, playing a crucial role in facilitating the deal.

Players

Justin Arzi
CBRE
Justin Arzi
38 deals$1.2B volume(212) 984-7142
BROKER
Daniel (Dan) Kaplan
CBRE
Daniel Kaplan
55 deals$1.7B volume
BROKER
CBRE
CBRE
BROKERAGE

Details

SOLD
IMAGE: Daniel Kaplan, Dr. Robert Segal & Justin Arzi DATE: 7/21/2025 ADDRESS: 254 Park Avenue South MARKET: Flatiron District ASSET TYPE: Retail BUYER: Manhattan Cardiology SELLER: Harel Group SELLER'S REP: Daniel Kaplan (@DKap24) & Justin Arzi (@Arzigram) - CBRE (@CBRE) SALE PRICE: $7,000,000 SF: 9,000 ~ PPSF: $777

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