SOLD
ZG Capital Partners Acquires Office Building In Union Square For $40M
836 Broadway
Office
77,000 SF
77,000 SF
Summary
Sale
NEW YORK
Office
77,000 sqft
The office property located at 836 Broadway in Union Square has been sold in a transaction valued at $40,000,000. The property spans across 77,000 square feet, resulting in a price per square foot of $519. The sale was finalized on October 26, 2021.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $40,000,000
- Address: 836 Broadway
- Market: Union Square
The buyer of the property is ZG Capital Partners, represented by Bobby Zar and James Tamborlane. They acquired the property from Hyde Park Associates, with Bernie Karr as the seller. The deal was facilitated by the brokers Brett Siegel, Evan Layne, and Henry Fox of Newmark.
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All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Brett Siegel, James Tamborlane, Evan Layne, Bobby Zar & Henry Fox
DATE: 10/26/2021
ADDRESS: 836 Broadway
MARKET: Union Square
ASSET TYPE: Office
BUYER: @ZGCapitalPartners - Bobby Zar & James Tamborlane
SELLER: Hyde Park Associates - Bernie Karr
BROKERS: Brett Siegel (@BSieges), Evan Layne (@EvanLayne) & Henry Fox (@HenryJFox) - Newmark (@Newmark)
SALE PRICE: $40,000,000
SF: 77,000 ~ PPSF: $519View on map
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Address836 Broadway
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