NEW YORK CITY—SL Green Realty Corp. has sold its interest in the commercial condominium at 315 W. 36th St. at an asset valuation of $115 million, or $779 per square foot. Woody Heller of Savills Studley advised the REIT on this transaction. SL Green, the city’s largest commercial property owner, acquired its interest in the property in late 2012 at a gross asset valuation of $45 million.

The company’s nearly 36% share of the property was purchased by Walter & Samuels chairman David Berley. He first purchased the Garment District building, situated one block from Hudson Yards between Eighth and Ninth Avenues, 40 years ago and remains its main investor.

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