The Real Deal New York

Condos at converted St. Vincent’s Midtown Hospital hit the market

New owners launch sales at 432 West 52nd Street months after Chetrit sold it

October 07, 2014 02:30PM

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Rendering of 432 West 52nd Street in Hell’s Kitchen (Inset: Christopher Okada)

JVL Property Group, Okada Acquisitions and Zion Enterprises have launched sales at their seven-story Hell’s Kitchen condominium building that was converted from St. Vincent’s Midtown Hospital.

The Chetrit Group spearheaded the conversion, but sold part of the property at 432 West 52nd Street for $41.4 million in June, as The Real Deal reported. Prices for the 55 condos run from $610,000 to $2.395 million, according to Curbed. The units range from 432 square feet to 1,400 square feet in size. Stribling & Associates is handling sales.

Chetrit partnered with Tessler Developments in 2007 to buy the property — as well as another hospital building at 416 West 52nd Street and a vacant lot between the buildings — for $84.73 million in total, as previously reported. [Curbed]Mark Maurer

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