Marcus & Millichap
260 Madison Avenue, 5th Floor
New York, NY 10016
Sold
25 Park Row
FiDi, New York, NY
Development
Construction Financing
$330M
Sale Price
265,000 BSF
Building Size
$1,245
Price / BSF
The Story
Mr. Anton financed the construction of this luxury tower across from City Hall Park for developer L+M Development. The financing consisted of a first mortgage construction loan, mezzanine loan and preferred equity package totaling over $300 million.Property Highlights
- 50-story, 110-unit condominium completed in 2020
- Sweeping views of City Hall Park
- Surrounded by landmarked civic buildings protecting the panoramic views of the Hudson, the Woolworth Building, the Brooklyn Bridge, and One World Trade
- Amenities include a 65-foot indoor pool, a library with fireplace, residents' lounge, golf simulator, billiards room, children's playroom, private dining room, furnished terrace
Deal Team
Eric Anton