Retail Condo Occupied by Staples on UWS Trades for $27M

Investment firm Angelo Gordon has purchased the retail condo at the base of 2250 Broadway on the Upper West Side, having last traded in 1999 when acquired by seller the Zucker Organization. Currently home to long-time tenant Staples, the retail unit located on the corner of West 81st Street totals roughly 32,353 square feet and traded for $27 million, or $835 per square foot according to city records. Metropolitan Community Bank provided a new mortgage in the amount of $6,061,440, and assumed the $17.55 million in existing outstanding principal from State Farm Realty Mortgage.