NEW YORK | 240 W 54th St | FT | FLOORS

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Good riddance!



240 West 54th Street
Christoffer Brodhead, Howard Raber & Nikola Cosic Close $21M Midtown West Development Sale

240 West 54th Street
SOLD
$21,000,000
New York
Development Site


Sale
NEW YORK
Development Site
The development site located at 240 West 54th Street in Midtown West, Manhattan, was recently sold for $21,000,000. The property, which has a commercial as-of-right of 75,000 BSF and a residential as-of-right of 50,000 BSF, offers a significant development opportunity in a prime location.

Summary of transation details:

Property Type: Development Site
Transaction Amount: $21,000,000
Address: 240 West 54th Street
Market: Midtown West, Manhattan
Brokers: Christoffer Brodhead, Howard Raber & Nikola Cosic - Ariel Property Advisors
The deal was facilitated by Christoffer Brodhead, Howard Raber, and Nikola Cosic of Ariel Property Advisors. Their expertise and professionalism were instrumental in successfully closing the transaction for the development site. The property's prime location and potential for commercial and residential development make it a lucrative investment opportunity in the heart of Manhattan.

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