Broad Street Development Acquires Resi Conversion At 139 Franklin Street For $43.5M

The property asset involved in this transaction is located at 139 Franklin Street in the Tribeca market of Manhattan. It is a residential conversion asset with a sale price of $43,500,000. The total square footage of the property is 56,384, translating to a price per square foot of $771.

Summary of transaction details:

• Property Type: Resi Conversion
• Transaction Amount: $43,500,000
• Address: 139 Franklin Street
• Market: Tribeca, Manhattan
• Square Footage: 56,384
• Price per Square Foot: $771
• Buyer: Broad Street Development
• Seller: The Sofia Family
• Brokers: Andrew Scandalios, Brendan Maddigan, Ethan Stanton, Vickram Jambu, Hall Oster & Roberto Casas - JLL

The deal involved Broad Street Development as the buyer and The Sofia Family as the seller, showcasing the collaboration of multiple brokers from JLL, including Andrew Scandalios, Brendan Maddigan, Ethan Stanton, Vickram Jambu, Hall Oster, and Roberto Casas, to facilitate the transaction.