Savanna Acquires Office Building In Flatiron For $110M From Unizo Holdings | 24-28 West 25th Street | Brett Siegel, Evan Layne, Rachel Humphrey | Office | Sale

Summary

Sale

NEW YORK

Office

133,561 sqft

Located in the Flatiron district, the office property at 24-28 W 25th St is currently in contract for sale. The property spans over 133,561 square feet and boasts a price per square foot of $823. The transaction is being facilitated by Eastdil Secured's Brett Siegel, Evan Layne, and Rachel Humphrey, who represent the seller, Unizo Holdings. On the buyer's side is Savanna.

Summary of transaction details:

Property Type: Office
Transaction Amount: $110,000,000
Address: 24-28 W 25th St
Market: Flatiron
Square Feet: 133,561
Price per Square Foot: $823

This in-contract sale is an important deal within the Flatiron market. Christopher Schlank's image on Instagram showcases the property and highlights the significance of the transaction.

Players

All
5

Agents
3
Agencies
2

Brett Siegel

Vice Chairman, Co-Head

$4.1B Sold

Evan Layne

Vice Chairman and Co-Head, New York Capital Markets Investment Sales Division

$3.9B Sold

$2.3B Sold

Details

Deal Summary

SOLD

IMAGE: (In-Contract) IMAGE: Christopher Schlank DATE: 04/30/2019 ADDRESS: 24-28 W 25th St MARKET: Flatiron ASSET TYPE: Office BUYER: Savanna SELLER: Unizo Holdings SELLER’S REP: Eastdil Secured - Brett Siegel, Evan Layne and Rachel Humphrey PRICE: $110,000,000 SF: 133,561 ~ PPSF: $823

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Address24-28 West 25th Street

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