Seller paid a meager $510k for property in 1980
Don Kiamie’s Windsor Management Corp has acquired 44 East 32nd Street from Bassett Properties for $59 million. The NoMad office building spans 91,111 SF, and is currently 92 percent leased.
Worth Noting: Music venue The Cutting Room occupies the ground floor retail component. Office tenants include Urban Office, Top Notch Graphics, and PRG Media Services. The building is located between Madison and Park Avenues.
Flashback: Basset paid $510,000 for the property in 1980. Well done!