8 Spruce Street

The Multi Family property located in New York that spans 1,109,231 square feet sold for $930,000,000 or $838 PPSF. The deal closed 632 months and 1 day ago. The brokers of the deal were Drew Isaacson, William (Will) Silverman, Gary Phillips and Jeff Organisciak

  • Location image 8 Spruce Street, New York City, New York 10038, United States
  • Sold Value
    image $930,000,000
    image $838
  • Asset Type image Multi Family
  • Area image 1,109,231 SF
  • Parties image4 Brokers,1 Agency
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Drew Isaacson icon

Eastdil Secured
  • Deals 3
  • Volume $2,110,000,000
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William (Will) Silverman icon

Eastdil Secured
  • Deals 17
  • Volume $7,570,000,000
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Gary Phillips icon icon icon

Eastdil Secured
  • Deals 30
  • Volume $11,610,000,000
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Jeff Organisciak icon

Eastdil Secured
  • Deals 16
  • Volume $5,970,000,000
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Comparables: 8 Spruce Street

Showing 4 of 4

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Price Icon $837,000,000

  • StatusSOLD, $907 PPSF
  • Date03/01/22
  • Address626 1st Avenue, New York City, New York 10016, United States
  • Address626 1st...
  • AssetMULTI FAMILY
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Price Icon $850,000,000

  • StatusSOLD, $895 PPSF
  • Date03/01/22
  • Address626 1st Avenue, New York City, New York 10016, United States
  • Address626 1st...
  • AssetMULTI FAMILY
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Price Icon $900,000,000

  • StatusSOLD, $1000 PPSF
  • Date12/23/21
  • Address76 11th Avenue, New York City, New York 10019, United States
  • Address76 11th...
  • AssetMULTI FAMILY
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Price Icon $850,000,000

  • StatusSOLD, $921 PPSF
  • Date12/10/21
  • Address626 1st Avenue, New York, NY 10016
  • Address626 1st...
  • AssetMULTI FAMILY
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This Deal on Social

SALE
IMAGE: Jon Gray, Kenneth Kaplan, Stephen Schwarzman, Kathleen McCarthy, Bruce Flat, Brian Kingston, Mike Sales, Drew Isaacson, Gary Phillips, Jeff Organisciak & Will Silverman
DATE: 01/03/2022
ADDRESS: 8 Spruce St.
MARKET: Financial District
ASSET TYPE: Multifamily

BUYER: @Blackstone
SELLER: @BrookfieldProperties & @NuveenINV
BROKERS: Will Silverman, Gary Phillips (@Garyty123), Jeff Organisciak & Drew Isaacson – Eastdil Secured (@EastdilSecured)

SALE PRICE: $930,000,000
UNITS: 899 ~ PPU: $1,034,482
SF: 1,109,231 ~ PPSF: $838

Text Content: img

SALE
IMAGE: Jon Gray, Kenneth Kaplan, Stephen Schwarzman, Kathleen McCarthy, Bruce Flat, Brian Kingston, Mike Sales, Drew Isaacson, Gary Phillips, Jeff Organisciak & Will Silverman
DATE: 01/03/2022
ADDRESS: 8 Spruce St.
MARKET: Financial District
ASSET TYPE: Multifamily

BUYER: @Blackstone
SELLER: @BrookfieldProperties & @NuveenINV
BROKERS: Will Silverman, Gary Phillips (@Garyty123), Jeff Organisciak & Drew Isaacson – Eastdil Secured (@EastdilSecured)

SALE PRICE: $930,000,000
UNITS: 899 ~ PPU: $1,034,482
SF: 1,109,231 ~ PPSF: $838

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Contact Drew Isaacson

Specialties: Deal complexity, structuring joint ventures for both domestic and international investors, and asset/portfolio transactions.

Jeff Organisciak is a Vice President at Eastdil Secured based in New York City, New York. Previously, Jeff was a...

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