Daniel of Daniel T Enterprises secures $14.1 million multifamily sale; Okada and Ho of Okada & Co. act for seller

May 15, 2017 - Front Section
 
Tamir Daniel, Daniel T Enterprises
Tamir Daniel, Daniel T
Enterprises

Manhattan, NY A mixed-use multifamily property, 256 West 15th St., transacted for $14.1 million, according to Tamir Daniel, president and CEO of Daniel T Enterprises. Daniel represented the buyer, 256 Chelsea LLC, in the closing.

The property, located between Seventh and Eighth Aves., consists of 13,056 s/f spread over 22 residential units and two retail spaces.

The seller, 256 West 15th Street Realty LLC, an entity controlled by David Chu, the founder of popular sports apparel brand Nautica, was represented by Christopher Okada and David Ho of Okada & Company.

“This is a Chelsea prime location and the buyer recognized a great opportunity to acquire a multifamily property steps from Google headquarters. This is an exciting start for this year and we are looking forward to facilitating additional transactions shortly.” Daniel said. “Working with Okada on this deal was a pleasure.”

Daniel T Enterprises is a boutique commercial real estate services firm, specializing in investment sales and commercial financing and leasing.

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