Seavest acquires Manhattan medical office building anchored by NYU Langone Health

The eight-story, 57,000 square foot, fully leased building in the dense Midtown West area is the firm’s latest addition to its medical real estate investment portfolio

NEW YORK, N.Y. and WHITE PLAINS, N.Y., July 20, 2022 – Seavest Healthcare Properties, LLC, the White Plains and New York City based real estate investment management firm has announced their acquisition of the fully leased 355 West 52nd Street medical office building.

The eight story, 57,000 square foot medical office building is anchored by NYU Langone Health where they offer a wide range of primary and specialist-based healthcare services. This acquisition continues the growth of Seavest’s core real estate investment strategy and the firm’s growing presence in the New York City metropolitan area.

“We are quite pleased to acquire such an important asset anchored by one of the dominant New York healthcare providers, NYU,” said David Braunstein, Vice President of Investments at Seavest.

“This acquisition continues the growth in one leg of our investment strategy by growing our core real estate portfolio,” said John Winer, Senior Managing Director & Chief Investment Officer of Seavest Healthcare Properties. “High quality well located medical real estate is rare in New York City. We are very pleased to add this property to our portfolio.”

For non-media related inquiries, please contact David Braunstein at dbraunstein@seavesthcp.com or at (914) 269-0911.

About Seavest Healthcare Properties LLC and Seavest Investment Group LLC
Seavest Investment Group, LLC is a real estate and social impact venture capital investment management firm. Seavest Healthcare Properties, an affiliate, focuses on investments in the medical office and outpatient facility sector. The firm acquires existing properties, joint ventures with established developers to build new properties, and asset manages medical office buildings, outpatient facilities and similar healthcare real estate assets. Seavest made its first healthcare real estate investment in 1989 and today has a significant portfolio of institutional quality, strategic medical office buildings and outpatient facilities located throughout the United States. For more information, please visit seavesthcp.com.