SOLD
Candor Capital Acquires Office Condo In Murray Hill For $8.25M
345 East 37th Street
Mixed-use
16,079 SF
16,079 SF
Summary
Sale
NEW YORK
Mixed-use
16,079 sqft
Ben Meshel and Adam Ibrahim of Candor Capital have closed on the acquisition of an office condo in Murray Hill. The property, located at 345 East 37th Street, spans 16,079 square feet and was sold for $8,250,000. This transaction was facilitated by broker Adelaide Polsinelli of Compass Commercial New York, representing the buyer.
Summary of transaction details
- Property Type: Office Condo
- Transaction Amount: $8,250,000
- Address: 345 East 37th Street
- Market: Murray Hill
- Buyer: Ben Meshel and Adam Ibrahim - Candor Capital
- Seller: @60Guilders
- Broker: Adelaide Polsinelli - Compass Commercial New York
- Square Footage: 16,079
- Price per Square Foot: $515
Candor Capital's acquisition of this office condo marks their post-COVID investment in the medical office sector. They have already deployed $20 million this year and plan to invest an additional $20-$30 million in the New York metropolitan area throughout 2021.
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Details
SOLD
IMAGE: Kevin Chisholm, Ben Meshel, Adelaide Polsinelli, Adam Ibrahim & Bastien Broda
DATE: 06/25/2021
ADDRESS: 345 East 37th Street
MARKET: Murray Hill
ASSET TYPE: Office Condo
BUYER: Ben Meshel (@BMeshel) & Adam Ibrahim (@AdamIb1) - Candor Capital
SELLER: @60Guilders
BROKER: Adelaide Polsinelli @Compass @CompassCommercialNewYork
SALE PRICE: $8,250,000
SF: 16,079 ~ PPSF: $515
NOTE FROM CANDOR CAPITAL: Candor Capital Closes post covid acquisition of 16,000 square feet of medical offices in the Corinthian. The group has deployed $20M so far this year and plans to add another $20-$30M in the NY metropolitan area through 2021.View on map
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Address345 East 37th Street
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