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438 West 52nd Street|Sales|01/20/2013
- Event Sales
- Building Name 436-438 West 52nd Street
- Address 438 West 52nd Street
- Price $ 8,000,000
- Price per foot $ 431.00
- Borough Manhattan
- Neighborhood Clinton
- Publication Date 03/01/2013
- Deal Date 01/20/2013
- Party 1 436 West 52 LLC
- Party 1 Brokerage Besen & Associates
- Party 1 Broker Michael Besen, Matthew Slonim
- Party 2 Brokerage Besen & Associates
- Party 2 Broker Glenn Raff
notes
The properties sold for $8 million, or $431 per square foot. The price represents a capitalization rate of 3.8 percent and a gross rent multiple of 15.