Being Inc. Acquires 43-45 West 55th Street For $12.25 Million

The co-founder of Japanese music company Being Inc. has purchased 43-45 West 55th Street for $12.25 million.

Daiko Nagato, under the entity Dreamaps Estate NY, purchased the 15,000 Sq Ft Midtown apartment building from Double E Realty

The estate includes 11 studio and one-bedroom apartments, three of which remain rent-regulated, with a NatureWorks and Five Guys located in the ground-floor retail level. 

Nagato may be considering a restaurant idea on the second floor, which held the Japanese restaurant Katsu-Hama which closed.

Lee & Associates NYC’s George Steffani part of the team brokered the deal for the buyer. 

Steffani stated that Nagato will likely build out the second floor and may occupy a portion of the building, something that’s growing more popular as the city recovers from the pandemic.

The all-cash deal for the building bounded by West 55th Street and Avenue of the Americas closed on June 2, said Ikeda. 

According to Pacific Business NewsNagato recently purchased a 4,108 Sq Ft estate in Waikiki Beach in Hawaii for approximately $5 million.

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