1141 Broadway Update 06/12/24

Flatiron District Hotel Trades for $47.9M

An 11-story, commercial mixed-use building, located at 1141 Broadway in Manhattan's Flatiron District, has just been sold for $47.9 million. The structure was purchased by Azora Exan, from the previous owner, Premier Equities, in a deal brokered by Newmark Group. Originally constructed in 1927, it contains a Sonder-branded hotel, with 64 rooms. The building also has ground-floor retail space.

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