Wayne Boich Jr & Andrew Mathias Purchase Retail Building In Theatre District For $32.5M

The retail building at 719 Seventh Avenue in Times Square, Manhattan was recently sold for $32.5 million. This property, located in the Theatre District, spans 7,887 square feet and was acquired by Wayne Boich Jr.’s Boich Investment Group and Andrew Mathias through AMWB 719 LLC. The seller of this asset was Andrew S. Levine, and the price per square foot was $4,116.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $32,459,333
• Address: 719 7th Avenue
• Market: Theatre District, Manhattan
• Buyer: Wayne Boich Jr & Andrew Mathias
• Seller: Andrew S. Levine

Wayne Boich Jr., through his Boich Investment Group, and former SL Green Realty president Andrew Mathias, via AMWB 719 LLC, were the buyers in this transaction. The retail building, situated in the heart of Times Square with prominent signage, changed hands from SL Green Realty to these prominent investors. This deal showcases the strategic acquisition of a prime retail asset in a high-profile location within Manhattan.