434 West 52nd Street|Sales|12/23/2012
- Event Sales
- Address 434 West 52nd Street
- Price $ 4,300,000
- Price per foot $ 463.00
- Borough Manhattan
- Neighborhood Clinton
- Publication Date 02/01/2013
- Deal Date 12/23/2012
- Party 1 Cape Islands Company
- Party 1 Brokerage Besen & Associates
- Party 1 Broker Glenn Raff
- Party 2 Brokerage Besen & Associates
- Party 2 Broker Glenn Raff
notes
The walk-up building sold for $4.3 million, or $463 per square foot. The price represents a capitalization rate of 4.5 percent and a gross rent multiple of 12.