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Glick Property Group Acquires Mixed Use Properties On Upper West Side For $33M

588-594 Amsterdam Avenue
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This Mixed-use property located in NY was sold for $33,000,000 over 5 years ago. The brokers of the deal were Hall Oster and Guthrie Garvin

The mixed-use property located at 588-594 Amsterdam Avenue in New York's Upper West Side has been sold in a closed transaction. The property consists of four properties and spans approximately 45,000 square feet. The buyer, Glick Property Group – GPG, acquired the property from Grey Seal Realty for a total price of $33,000,000. The transaction was brokered by GPG.

Summary of transation details

  • Property Type: Mixed Use
  • Transaction Amount: $33,000,000
  • Existing Square Footage: 45,000
  • Building Square Footage: 100,000
  • Price per Square Foot: $330
  • Address: 588-594 Amsterdam Avenue, New York
  • Market: Upper West Side
  • Streets: West 89th & Amsterdam Ave

The buyer, Glick Property Group – GPG, successfully concluded the acquisition of the mixed-use property located at 588-594 Amsterdam Avenue. Grey Seal Realty represented the seller in this transaction. The property, consisting of four properties, spans approximately 45,000 square feet. The deal was sealed for a total price of $33,000,000.

View Related

Deals
  • Location
    588 Amsterdam Ave, New York, NY 10024, USA588 Amsterdam Ave, New York, NY 10024, USA
  • Sale Price
    $33,000,000$33,000,000
    $733 PPSF$733 PPSF
  • Area
    45,000 SF45,000 SF
  • Asset Type
    Mixed-useMixed-use
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Guthrie Garvin

Guthrie Garvin

Deals29
Sold$527.4M

Hall Oster

Hall Oster

Deals66
Financed$1.3B

Agency

JLL

JLL

Agency
Deals5591
Volume$332.6B

Deal Summary

IMAGE: @GuthrieGarvin and Hall Oster DATE: 08/15/2018 ? ADDRESS: 588-594 Amsterdam Avenue CITY: New York MARKET: Upper West Side X STREETS: West 89th & Amsterdam Ave ASSET TYPE: Mixed Use, 4 Properties PRICE: $33,000,000 EXISTING SF: 45,000 BSF: 100,000 / $330 SELLER: Grey Seal Realty BUYER: Glick Property Group – GPG BROKER: GPG handled […]

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588-594 Amsterdam Avenue

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