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Capstone Equities & Highgate Properties Acquire Nyma Hotel In Manhattan For $52M

6 West 32nd Street
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This Hotel property located in NY was sold for $52,000,000 over 6 years ago. The brokers of the deal were Jeff Davis, Kevin Davis, and Dustin Stolly

The Nyma Hotel located at 6 W 32nd Street in New York City, Manhattan, was recently sold in a closed transaction on 17th August, 2017. The property, classified as a hotel, was sold for a total price of $52,000,000. The hotel spans across a total square footage of 80,185, resulting in a price per square foot of $650.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $52,000,000

Apple Core Hotels acted as the seller in this transaction, while the buyers were Capstone Equities (Zamir, Adelipour, Ghadamian) and Highgate Properties. The deal was facilitated by JLL, with Kevin Davis, Dustin Stolly, and Jeff Davis from JLL representing the buyers.

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Deals
  • Location
    6 West 32nd Street, New York, NY 100016 West 32nd Street, New York, NY 10001
  • Sale Price
    $52,000,000$52,000,000
    $648 PPSF$648 PPSF
  • Area
    80,185 SF80,185 SF
  • Asset Type
    HotelHotel
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

Dustin Stolly

Dustin Stolly

Deals218
Financed$37.6B

Jeff Davis

Jeff Davis

Deals5
Sold$311M

Kevin Davis

Kevin Davis

Deals8
Financed$684.6M

Agencies

JLL

JLL

Agency
Deals5579
Volume$332.6B

Newmark

Newmark

Agency
Deals3893
Volume$397.4B

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Deal Summary

PROPERTY NAME: Nyma Hotel DATE: 17th August, 2017 ADDRESS: 6 W 32nd Street CITY: New York MARKET: Manhattan ASSET TYPE: Hotel SELLER: Apple Core Hotels BUYER: Capstone Equities (Zamir, Adelipour, Ghadamian) & Highgate Properties BROKER: JLL ( Kevin Davis, Dustin Stolly, Jeff Davis) PRICE: $52,000,000 SF: 80,185 ~ PPSF: $650

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6 West 32nd Street

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