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Compass’ Adelaide Polsinelli Closes Sale of Medical Condos Near NYU Langone
Compass vice chairman Adelaide Polsinelli closed on the sale of a package of medical office condos, at the Corinthian, located at 345 E. 37th St., along Midtown Manhattan’s Medical Mile, for $8,250,000.
The “Corinthian Office Condominiums” is a three-story, 32-unit office condominium building at the base of the 57-story Corinthian luxury residential tower in Midtown East. The property is located on East 37th Street between First and Second avenues, adjacent to the NYU Langone Medical Center campus.
“This sale is the boost that Medical Mile needed to remind medical investors that this is a ‘once in a cycle’ opportunity to own one of the most insulated asset classes in New York City,” said Polsinelli.
The purchasers were Miami-based investors who are bullish on the future of New York City real estate. The sellers were Kevin Chisholm and Bastien Broda, managing partners of 60 Guilders, LLC, along with associate Trystan Polsinelli.
- ◦Sale/Acquisition