---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-011420"
form_type: "8-K"
ticker: "CLPR"
cik: "0001649096"
company_name: "Clipper Realty Inc."
filed_at: "2025-04-08T23:59:59+00:00"
generated_at: "2026-05-23T19:02:54.349611+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Clipper Realty sells 10 West 65th St for $45.5M, expects $32-34M impairment

## Summary
- Subsidiary entered Purchase and Sale Agreement for $45.5M; $4.6M deposit in escrow.
- Transaction expected to close within 30-60 days; $2.0M in closing costs anticipated.
- Company expects to repay $31.2M mortgage and retain ~$12.0M cash from sale.
- Q1 2025 results to include $32-34M impairment on investment in real estate assets.

## SEC filing metadata
- accession: 0001437749-25-011420
- form_type: 8-K
- ticker: CLPR
- cik: 0001649096
- company_name: Clipper Realty Inc.
- filed_at: 2025-04-08T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.05, 2.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1649096/000143774925011420/0001437749-25-011420-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649096/000143774925011420/clpr20250408_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-011420
- JSON: https://secwatch.observer/filing/0001437749-25-011420.json
- Plain text: https://secwatch.observer/filing/0001437749-25-011420.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.