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    537 West 27th Street

    537 West 27th Street
    New York, NY 10001
    (212) 111-1111
    Residential, New Construction, Leasing/Rental, Multifamily

    537 West 27th Street is a 5 square foot building built in 2011 in the Chelsea neighborhood of Manhattan. The property has 28 total units. The building is owned by Ekstein Development. The building was completed in August of 2011.

    • Address 537 West 27th Street
    • neighborhood Chelsea
    • borough Manhattan
    • owner Ekstein Development
    • developer Ekstein Development
    • owner entity 537 W 27 ST OWNERS %RD MGMT
    • architect GF55 PARTNERS
    • PLANS DISCLOSED 10/01/2008
    • dob permit issued 05/07/2009
    • tco issued 08/25/2011
    • DOB FILE PLANS 10/01/2008
    • DOB FILE Link
    • floors 5
    • Year Built 2011
    • residential units 28
    • commercial units 3
    • total units 31
    • square feet 5
    • const. status Building Complete
    • block and lot 1-00699-0009
    • BIN 1088520
    • Event Financing
    • Address 537 West 27th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Square feet 34,345
    • Price $ 24,500,000
    • Publication Date 04/01/2017
    • Event Date 02/15/2017
    • Party 1 HT West 27th Realty
    • Party 1 Brokerage Eastern Consolidated
    • Party 1 Broker Jonathan Aghravi, Charles Han
    • Party 2 East West Bank
    notes
    The company secured a seven-year $24.5 million loan for the luxury multifamily property.
    • Event Sales
    • Address 537 West 27th Street
    • Neighborhood West Chelsea
    • Borough Manhattan
    • Square feet 47,000
    • Price $ 44,200,000
    • Price per foot $ 940.43
    notes
    The majority interest was sold for $44.2 million.
    • Event Financing
    • Address 537 West 27th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Publication Date 03/01/2013
    • Event Date 01/20/2013
    • Party 1 Tavros Capital Partners USA
    • Party 1 Brokerage HFF
    • Party 1 Broker Steven Klein
    notes
    An $18.5 million acquisition loan was provided for the Chelsea Muse rental building. 28-unit apartment building.
    • Event Retail Leasing
    • Address 545 West 27th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Square feet 2,200
    notes
    The catering company signed a 10-year lease for ground-floor retail space at the Chelsea Muse development. The reported rent was $70 per square foot.
    • Event Sales
    • Building Name 537-545 West 27th Street
    • Address 545 West 27th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Price $ 42,000,000
    notes
    The site sold for $42 million to the New York City-based developers, whose plans include a new 185,000-square-foot residential rental and condominium project.
    • Event Sales
    • Address 537-545 West 27th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Price $ 42,000,000
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