Kaufman sells Flatiron office building for $92M


27 West 24th Street in the Flatiron District (inset: George Kaufman and Woody Heller)

The Kaufman Organization sold an 11-story office building in the Flatiron District to an undisclosed buyer for $92 million.

The 125,000-square-foot property at 27 West 24th Street, between Sixth Avenue and Broadway, last sold in 2013 for $56 million. In between sales, Kaufman invested $2.5 million in capital improvements, including upgrades to the lobby and elevators.

Kaufman put the building on the market in September for $95 million, as previously reported. Savills Studley’s Woody Heller and Will Silverman represented Kaufman in the deal. [Crain’s]Mark Maurer



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