Originally Published in The Real Deal
Written by Chava Gourarie
Churchill Real Estate Holdings picked up three contiguous rental buildings along West 48th Street in Hell’s Kitchen for $15.5 million. Churchill paid $12.4 million for two 12-unit buildings at 439 and 441 West 48th Street and $3.1 million for a 10-unit building at 443 West 48th Street. Churchill secured a $7.2 million mortgage for the three properties. All 34 apartments are market-rate.
Donovan LLP represented the Purchaser in connection with this transaction.