SOLD
Marx Realty Acquires Office Buildings On Bowery For $48.5M
135 and 161 Bowery
Mixed-use
18,726 SF
18,726 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Mixed-use
18,726 sqft
The office property located at 135 and 161 Bowery in New York's Lower East Side has been sold in a closed transaction. The property was purchased for a total price of $48,500,000. The sellers of the property include Caspi Development, RWN Real Estate Partners, Artemis Real Estate Partners, and Ultimate Realty (161 Bowery only). The buyer of the property is Marx Realty.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $48,500,000
- Address: 135 and 161 Bowery
- City: New York
- Market: Lower East Side
The deal was facilitated by Avison Young, a brokerage firm representing the parties involved in the transaction, such as James Nelson, Joshua Caspi, Marx Realty's Craig Deitelzweig, and Deborah Harmon. Avison Young played a crucial role in negotiating and finalizing the deal.
Players
All
7
Agents
3
Agencies
2
Lenders
2
Details
SOLD
IMAGE: James Nelson, Joshua Caspi, Marx Realty’s Craig Deitelzweig and Deborah Harmon
DATE: 09/04/2018
ADDRESS: 135 and 161 Bowery
CITY: New York
MARKET: Lower East Side
ASSET TYPE: Office
PRICE: $48,500,000
SELLER: Caspi Development, RWN Real Estate Partners, Artemis Real Estate Partners and Ultimate Realty (161 Bowery only)
BUYER: Marx Realty
BROKER: Avison Young – […]View on map
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Address135 and 161 Bowery
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