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Robert Morgenstern Acquires 31-Unit Property On Tenth Avenue & West 22nd Street For $27.6M

Property Image
SOLD
$27,618,320
Brock Emmetsberger
Winfield Clifford
RA
+ 1

Pennsylvania

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Mixed-use22,945 SF
Sold 07/16/2018
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Property Image
SOLD

Robert Morgenstern Acquires 31-Unit Property On Tenth Avenue & West 22nd Street For $27.6M

203-207 10th Avenue

See Similar Deals
Mixed-use22,945 SF
Sold 07/16/2018
Brock Emmetsberger
Winfield Clifford
RA
+ 1
the dealplayerscompscontact
Contact now

Summary

PENNSYLVANIA
Asset Type:Mixed-use
Price Per Square Foot:$1,203
Total Square Footage:22,945 SF
Transaction Type:Sale

Robert Morgenstern has acquired a property located at 203-207 Tenth Avenue & 505 West 22nd Street in an undisclosed city. The transaction took place on 07/16/2018, with a total sale price of $27,618,320. The property spans an area of 22,945 square feet, resulting in a price per square foot of $1,203. The deal involved the purchase of 31 units, with each unit costing approximately $890,000.

Summary of transaction details

  • Property Type: SALE
  • Transaction Amount: $27,618,320
  • Square Footage: 22,945
  • Price per Square Foot: $1,203
  • Number of Units: 31
  • Price per Unit: $890,000

The sale was facilitated by Brock Emmetsberger, Winfield Clifford, and Rachel Aschendorf from the agency Cushwake, who represented the buyer, Robert Morgenstern, in the transaction.

Players

Brock Emmetsberger
Matthews
Brock Emmetsberger
27 deals$348M volume(646) 933-2620
BROKER
Winfield Clifford
JLL
Winfield Clifford
75 deals$2.6B volume(212) 376-5443
BROKER
RA
Cushman & Wakefield
Rachel Aschendorf
3 deals$46M volume
BROKER
MT
Michael Tsoumpas
5 deals$115.2M volume
SELLER

Details

SOLD
IMAGE: Robert Morgenstern ( @robertmorgenstern ), Brock Emmetsberger ( @NYCBROCK ) Winfield Clifford DATE: 07/16/2018 ADDRESS: 203-207 Tenth Avenue & 505 West 22nd Street CITY: MARKET: , ASSET TYPE: SELLER: Michael Tsoumpas BUYER: Robert Morgenstern BROKER: Brock Emmetsberger, Winfield Clifford, and Rachel Aschendorf ( @rachasch ) w/ @Cushwake PRICE: $27,618,320 SF: 22,945 ~ PPSF: $1,203 UNITS: 31 ~ PPU: $890K

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