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547 West 27th Street

MW Toledo Holding Corp. Acquires Retail Property At 547 West 27th Street For $38.2M
SOLDRetail

MW Toledo Holding Corp. Acquires Retail Property At 547 West 27th Street For $38.2M

547 West 27th Street

$38,200,000

$393/SF

Building Size

97,200 SF

Asset Type

Retail

Closing

Jun 17, 2026

AI

547 West 27th Street is a retail property located in Manhattan's Chelsea neighborhood, featuring a total square footage of 97,200. The property was sold for $38.2 million, amounting to approximately $393 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $38,200,000
  • Location: 547 West 27th Street
  • Market: Chelsea, Manhattan
  • Square Footage: 97,200
  • Price Per Square Foot: $393
  • Buyer: MW Toledo Holding Corp.
  • Seller: James Y.A Pastreich

MW Toledo Holding Corp. has successfully acquired the retail property from James Y.A. Pastreich, marking a significant transaction in the Chelsea market.

Players

New York Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.42%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93