NEW YORK CITY—200 Lafayette Street, a manufacturing building located in M15B District, was sold in an all cash transaction valued at $50 million.
The building was purchased by CIM Group and Kushner Companies, and is located on the northwest corner of Broome and Lafayette Streets in SoHo. The seven-story property is approximately 125,000 rentable sq. ft. and sits on a 100 ft. x 136 ft. lot. The entire building was delivered vacant except for a portion of the first floor occupied by CapitalOne Bank.
Robert Burton, senior vice president of sales at Massey Knakal Realty Services, handled this transaction for the seller, John Zaccaro.
Massey Knakal specializes in the sale of investment and user properties in the New York Metro area.