DevelopmentClosed 2014
587-591 3rd Avenue
Closed Price
Building Size
30,000 SF
Buyer
CB Developers (Charlie Blaichman)
Transaction Overview
Murray Hill development site. Prime Third Avenue location. CB Developers (Charlie Blaichman) acquired the site adjacent to an existing Murray Hill project from the J.T. Tai Foundation.
Property Details
Transaction Value
$25M
Square Footage
30,000 SF
Price per SF
$833
Year Closed
2014
Asset Type
Development
Deal Type
Investment Sale
Property Type
Development Site
Location
New York
Transaction Parties
J.T. Tai Foundation
Press Coverage
New York, NY
40.7500, -73.9749
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Value
Size30,000 SF
$/SF$833
TypeDevelopment
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Press Coverage
Press citations: 587-591 3rd Avenue
1 canonical press features documenting the $25M transaction.