Press Release: Manhattan.com Is Available For Acquisition
Cultural, Financial, Media and Entertainment Capital Of The World-Rare Opportunity To Own This Ultimate Digital Real Estate
SCOTTSDALE, ARIZONA, US, June 3, 2022
Geocentric Media, Inc is pleased to announce that they are the exclusive broker for Manhattan.com. A digital asset such as this rarely becomes available on the open market. First, let’s look at some statistics: population of 1.7M residents; $1.3M median home price; 460 MILLION square feet of commercial space; 91,000 hotel rooms; over $1.3B in Broadway Show tickets sold annually, and 65 MILLION annual tourists.
Manhattan is the headquarters of major news media such as NBCUniversal; CBS; ABC, Fox News; The Wall Street Journal and U.S. News & World Report. Professional sports teams New York Knicks and the New York Rangers.
The neighborhoods that are part of Manhattan are legendary. Lower East Side, East Harlem, Washington Heights, East Village, Battery Park, Union Square, Koreatown, Little Italy, Inwood, Chelsea, Greenwich Village, Gramercy, Roosevelt Island, Meatpacking District, Upper West Side, Upper East Side, Midtown, TriBeCa, Governors Island, Chinatown, Central Park, Lower Manhattan, NoLita, Flatiron District, Harlem, Murray Hill, Hell’s Kitchen, SoHo, Times Square, NoHo, and the West Village. Central Park, the Empire State Building….the attractions are endless.
Home of the United Nations, and the New York Stock Exchange and the NASDAQ.
Fred Mercaldo, CEO of Geocentric Media, Inc states: “There are many industries that would benefit by having Manhattan.com as their digital address. The likely buyer could emerge from the commercial real estate sector; financial services industry; residential real estate agencies, major news media, all the way to a savvy, successful entrepreneur that desires to build the ultimate “Digital Guide To Manhattan” and take advantage of revenue verticals such as Events, Show Tickets, Restaurant Guides, Travel and Tourism, Jobs, Real Estate and an endless stream of revenue associated with the massive traffic the site will experience as it is properly developed.”
Mercaldo also states: “Manhattan.com speaks for itself. At a price point less than recent City domain sales, we expect this major asset to be acquired quickly. Additionally, we expect to hear from the Web 3.0 and metaverse world, as virtual land sales are approaching the $1B mark, and ‘virtual land’ doesn’t get any better than Fifth Avenue, Times Square, and Central Park. Manhattan.com could be the virtual platform where an individual can experience the art galleries, take a tour of the City, purchase and attend Broadway Shows and Concerts virtually, all without leaving their home.”
Geocentric Media, Inc is also representing a Major US City Portfolio that can be viewed at NewYork.com. The markets include: Philadelphia.com, Denver.com, Seattle.com, SanFrancisco.com, Raleigh.com, Houston.com, Detroit.com, StLouis.com, Indianapolis.com, Minneapolis.com, NewYork.com and DistrictOfColumbia.com. Recent sales include SanDiego.com, Scottsdale.com and LosAngeles.com; and while all acquisitions include NDA provisions, we can state that each City was sold at prices north of $1.5M.
Remarkably, the price for Manhattan.com is $1.1M.
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