facebook
Traded Co logo
Submit a Deal

SL Green Realty Acquires Office Building In Hell's Kitchen For $90M

603-615 West 50th Street
PointingArrow
ShareContact

This Office property located in NY was sold for $90,000,000 about 4 years ago. The brokers of the deal were Woody Heller and David Heller

The office property located at 603-615 W. 50th St. in Hell's Kitchen has been sold for a price of $90,000,000. The approximate square footage of the property is 160,000, resulting in a price per square foot of $562. The transaction involved the buyer, SL Green Realty, and the seller, Kenneth Cole. The seller was represented by Woody Heller and David Heller from Savills North America. It is worth noting that Kenneth Cole had originally purchased the building in 2006 for $24 million.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: $90,000,000
  • Square Footage: 160,000 (approx.)
  • Price Per Square Foot: $562
  • Address: 603-615 W. 50th St.
  • Market: Hell's Kitchen

The key individuals involved in this deal include Andrew Matthias, Marc Holliday, and Kenneth Cole. Additionally, Woody Heller and David Heller acted as the seller's representatives from Savills North America. This transaction demonstrates the successful collaboration between SL Green Realty and Kenneth Cole, leading to the sale of this office property in Hell's Kitchen.

View Related

Deals
  • Location
    603 W 50th St, New York, NY 10019, USA603 W 50th St, New York, NY 10019, USA
  • Sale Price
    $90,000,000$90,000,000
    $56 PPSF$56 PPSF
  • Area
    1,600,000 SF1,600,000 SF
  • Asset Type
    OfficeOffice
  • Parties
    2 Brokers2 Brokers

Agents

Woody Heller

Woody Heller

Deals2
Sold$140M

David Heller

David Heller

Deals3
Financed$155M

Deal Summary

IMAGE: Andrew Matthias, Woody Heller, Marc Holliday, David Heller & Kenneth Cole DATE: 01/10/2020 ADDRESS: 603-615 W. 50th St. MARKET: Hell’s Kitchen ASSET TYPE: Office PRICE: $90,000,000 SF: 160,000 (approx.) PPSF: $562 BUYER: @SLGreen_Realty SELLER: @KennethCole SELLER’S REP: Woody Heller & David Heller @savillsnorthamerica NOTE: @kennethcole purchased the building in 2006 for $24M.

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

603-615 West 50th Street

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits