The buyer was Kenneth Aschendorf and Berndt Perl’s APF Properties, who plan to double the size of the 50,000-square-foot office building. The deal closed Thursday, the New York Post reported. CBRE’s Darcy Stacom and Bill Shanahan were marketing the building.
Sources said APF has hired architecture firm HOK to design a massive overhaul for the building, including a gut renovation and expansion. Plans call for a 100,000-square-foot Class A boutique office building that will have a new address of 60 Charlton Street.
Aryeh’s Heritage Realty paid $19 million for the property in 2007. In April, Heritage sold a rent-stabilized building at 720 West 181st Street in Hudson Heights for $32 million — double what it paid three years prior. [NYP] — E.B. Solomont