Deal sheet    Single Deal
521 Amsterdam Avenue|Sales|04/22/2011
  • Event Sales
  • Address 521 Amsterdam Avenue
  • Square feet 20,370
  • Price $ 13,000,000
  • Price per foot $ 638.19
  • Borough Manhattan
  • Neighborhood Upper West Side
  • Publication Date 06/01/2011
  • Deal Date 04/22/2011
  • Party 1 Touro College
  • Party 1 Brokerage Besen & Associates
  • Party 1 Broker Michael Besen
  • Party 2 175 West 85 Realty LLC
  • Party 2 Brokerage Besen & Associates
  • Party 2 Broker Matthew Slonim
notes
The elevator building sold for $13 million, or $638 per square foot. The price represents a gross rent multiple of 12 and a capitalization rate of about 5.8 percent.
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