SOLD
Global Holdings Acquires Instrata Nomad Multifamily For $381M
10 East 29th Street
MultiFamily
4,080,000 SF
4,080,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
4,080,000 sqft
The sale of Instrata Nomad, located at 10 East 29th Street in Nomad, has been finalized for a price of $381,000,000. The multifamily property spans a total area of 408,000 square feet, equating to a price per square foot of $933. In total, the building consists of 392 units, with each unit being valued at $971,938.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $381,000,000
- Address: 10 East 29th Street
- Market: Nomad
- Square Footage: 408,000
- Price Per Square Foot: $933
- Number of Units: 392
- Price Per Unit: $971,938
The seller of Instrata Nomad was Invesco, while the buyer was Global Holdings represented by Eyal Ofer. The deal was facilitated by brokers Gary Phillips, Will Silverman, and Jeff Organisciak from EastdilSecured.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Gary Phillips, Eyal Ofer, Will Silverman
DATE: 02/19/2020
ADDRESS: 10 East 29th Street (Instrata Nomad)
MARKET: Nomad
ASSET TYPE: Multifamily
SALE PRICE: $381,000,000
SF: 408,000
PPSF: $933
UNITS: 392
PPU: $971,938
SELLER: Invesco
BUYER: Global Holdings – Eyal Ofer
BROKERS: Gary Phillips, Will Silverman & Jeff Organisciak @EastdilSecuredView on map
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Address10 East 29th Street
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