Ziel Feldman Buys 225 West 86th Street for $575 Million

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225 West 86th Street

Extell Development has sold an Upper west Side residential apartment building known as the Belnord located at 225 West 86th Street to Ziel Feldman’s HFZ Capital Group for $575 million.

The landmark rental building has 216 units over 13 floors and was constructed in 1908.

From Extell’s website:

“This phenomenal architectural landmark was crafted with the intent of bringing lavish accommodations to Manhattan’s Upper West Side. Spanning an entire city block from 86th to 87th Streets between Broadway and Amsterdam Avenues, and boasting the largest interior courtyard in Manhattan.

The Belnord is a true symbol of Manhattan’s storied Upper West Side.

The luxury apartments have been completely renovated and updated, retaining their original pre-war details with the addition of modern luxuries such as central air conditioning, state-of-the-art security systems, and a suite of luxury services and amenities.”

Those amenities include a courtyard, doorman, concierge, playroom, function room and a fitness center.

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