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The New York Times

Recent Commercial Real Estate Transactions

By: Rosalie R. Radomsky
Published: 3/27/2018Source: The New York Times

Featuring Nicholas Athanail and Spencer Cutler’s sale at 143 West 30th Street, Chelsea 

 

$27 MILLION

The Davos

143 West 30th Street (between Avenue of the Americas and Seventh Avenue)

Manhattan

This 15-story, 25-foot-wide 2012 Chelsea building, with an approved condominium offering plan in place, has 26 free-market apartments — 24 one-bedrooms and two duplex penthouses. Each apartment features 9-foot, 4-inch ceilings; floor-to-ceiling windows; and a gas fireplace. Most also have either a balcony or a terrace. The 19,532-square-foot building has a part-time doorman and a common roof deck that faces downtown. A 2,874-square-foot retail space is occupied by the Fur Palace, a furrier, whose lease runs until 2022. The building offers a cap rate of about 3.2 percent.

Seller: Midtown Stage

Brokers: Nicholas Athanail and Spencer Cutler, the Corcoran Group

 

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