Robert Khodadadian — Skyline Properties — Off-Market Manhattan Commercial Real Estate — 530 West 25th Street
Chelsea Gallery District Office Sale
75,000 SF
2019
Overview
7-story office building in the heart of Chelsea's world-renowned art gallery district, acquired by Feil Organization in partnership with Rigby Asset Management.
The Challenge
Marketing a unique creative office asset in Chelsea's gallery district required finding buyers who understood the value of this specialized location and tenant base.
Our Solution
We targeted institutional buyers seeking Chelsea exposure and creative office space, positioning the asset's unique location among world-class galleries as a competitive advantage.
The Result
Sold to Feil Organization and Rigby Asset Management at $72 million, reflecting the premium value of Chelsea office assets with gallery district exposure.
Press Coverage
1 article · 1 outletDeal Metrics
Transaction Parties
Buyer
Feil Organization + Rigby Asset Management (Peter Armstrong)
Seller
Private
Financing
Institutional financing
Neighborhood
ChelseaHave a Similar Property?
Let's discuss how we can maximize value for your asset.
Discuss Your PropertyPress Coverage
More press on 530 West 25th Street
8 canonical press features documenting the $72M transaction at 530 West 25th Street.
Feil Organization Chelsea Art Gallery Building
Feil Organization acquires Chelsea art gallery building.
Feil Organization Chelsea 530 West 25th $72M
Feil Organization acquires 530 West 25th Street in Chelsea for $72M.
Feil Organization Buys Chelsea Office Building for $72M
Feil Organization and Rigby Asset Management acquire 530 West 25th Street Chelsea gallery building.
Feil Organization Pays $72M to Brown Family for Chelsea Property
Feil Organization and Rigby Asset Management acquire 530 West 25th Street Chelsea art gallery building for $72 million.
Feil Organization Buys Chelsea Office Building for $72M
Feil Organization acquires 530 West 25th Street in Chelsea for $72 million.
530 West 25th Street - $72M Chelsea Office Sale
Traded.co deal page for 516-530 West 25th Street $72M Chelsea gallery building acquisition.
530 West 25th Street - Crexi Comp Page
Crexi comp page for 530 West 25th Street $72M Chelsea office sale.
530 West 25th Street - Office
530 West 25th Street office building transaction.
Price, buyer, seller, $/SF, source citations
