Walter Baker Acquires Specialty Building From American Society For Psychical Research For $11.75M

The property asset involved in the transaction is a special purpose building located at 5 West 73rd Street in the Upper West Side of Manhattan. The sale price of the property was $11,750,000, with a building size factor (BSF) of 8,172 and a price per BSF of $1,438. The square footage of the property is 7,599, yielding a price per square foot (PPSF) of $1,546.

Summary of transaction details:

• Property Type: Special Purpose
• Transaction Amount: $11,750,000
• Address: 5 West 73rd Street
• Market: Upper West Side, Manhattan
• Building Size Factor (BSF): 8,172
• Price per BSF: $1,438
• Square Footage (SF): 7,599
• Price per Square Foot (PPSF): $1,546
• Buyer: Walter Baker
• Seller: Thomas Kleinberger - American Society for Psychical Research

Walter Baker, represented by 5w73rd LLC, acquired the specialty building in a foreclosure sale from the American Society for Psychical Research, marking a significant transaction in the market.