ABS Partners Real Estate And Benenson Investment Company Sell Mixed-Use Property In Midtown Manhattan For $30.5M

Brian Warwick of ABS Altman Warwick represented the buyer and seller in the recent closed property transaction at 145 East 57th Street in Midtown. This mixed-use building, which includes office and retail space, was sold for a sale price of $30,500,000. The property spans across 63,000 square feet and is located in the vibrant Midtown market.

Summary of transation details

• Property Type: Mixed-use - Office & Retail
• Transaction Amount: $30,500,000
• Lender: Principal Life
• Landlord: ABS Partners Real Estate and Benenson Investment Company
• Broker: Brian Warwick - ABS Altman Warwick
• Loan Terms: 10-year interest only
• SF: 63,000

The buyer, represented by Brian Warwick of ABS Altman Warwick, successfully closed the deal with the seller. The lender for this transaction was Principal Life. ABS Partners Real Estate and Benenson Investment Company served as the landlords in this transaction. The loan terms were set at 10-year interest only. This transaction highlights the expertise of Brian Warwick and the success of ABS Altman Warwick in the real estate market.