Melohn Properties’ Alfons Melohn sold a Chelsea rental building for $79.5 million, The Real Deal has learned.
The residential property, at 200 West 15th Street, on the corner of Seventh Avenue, has been owned by Melohn’s family since 1982, public records show. It was not clear what the family paid for it decades ago.
The sale was brokered by Aaron Jungreis of Rosewood Realty. The buyer, who bought the property as part of a 1031 tax exchange, is a longtime New York investor, he said. Sources identified the investor as Alan Wasserman.
The 19-story, 109,668-square-foot property has 110 residential units and 2,868 square feet of retail space, according to PropertyShark. It’s fully leased to residential tenants, listings website StreetEasy shows.
Melohn could not be reached for comment.