Centerpark Realty pays $15M to Imperial Parking Systems for property in Midtown West

Centerpark Realty through the entity West 54Th Garage LLC paid Imperial Parking Systems’s 159 West 53Rd Street Parking LLC $15 million for 159 West 53rd Street in Midtown West. The deal closed on November 10, 2020 and was recorded on December 3, 2020. The transaction consists of 1 parcel, including the tax class indoor parking condominium (RG)The property is 41,692 square feet.
The average sale price per square foot is $360.

This is the garage unit. The contract date was December 4, 2029. The last time the property sold was March 21, 2018 for $7,500,000.
Over the past five years, there have been 23 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. Of those there was one major renovation application including a certificate of occupancy change (A1) filed with a total estimated value of $68,000.0. There were 22 renovation/alteration projects (A2) applied for with a total estimated value of $5,972,240.

Direct link to Acris document. link