Winter Equities pays $33.6M to Robert Mallin for property in Flatiron

Winter Equities through the entity Edmal Realty Co. LLC paid Robert H. Mallin, As Sole Surviving Trustee $33.6 million for 26 West 17th Street in Flatiron. The deal closed on December 15, 2020 and was recorded on December 23, 2020. The transaction consists of 1 parcel, including the tax class office building with commercial with seven to 19 stories (O6)The property is 106,770 square feet. The parcel(s) have total development potential of 106,770 square feet.
The average sale price per square foot is $314. The signatory for the buyer was James L. Winter.

The contract date was December 15, 2020, the same as the closing date.
Over the past five years, there have been 19 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 19 renovation/alteration projects (A2) applied for with a total estimated value of $1,304,339.

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