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Igal Namdar Of Namdar Realty Group And Empire Capital Holdings Acquire Office Retail Asset For $275M

Property Image
SOLD
$275,000,000
Marcella Fasulo
Joshua King
+ 7

New York

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Mixed-use541,311 SF
Sold 06/01/2026
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Property Image
SOLD

Igal Namdar Of Namdar Realty Group And Empire Capital Holdings Acquire Office Retail Asset For $275M

250 West 57th Street

See Similar Deals
Mixed-use541,311 SF
Sold 06/01/2026
Marcella Fasulo
Joshua King
+ 7
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$508
Total Square Footage:541,311 SF
Transaction Type:Sale

The asset involved in this transaction is located at 250 West 57th Street in the Manhattan market. It is categorized as an office and retail property, encompassing a total square footage of 541,311. The sale price was $275,000,000, with a price per square foot calculated at $508.

Summary of transaction details:

The buyers in this transaction consist of Igal Namdar representing Namdar Realty Group alongside Ebi Khalili, Josh Rahmani, and Aaron Bergman, who are affiliated with Empire Capital Holdings. The seller is Tony Malkin, representing Empire State Realty Trust. Several brokers facilitated the transaction, including Adam Spies, Douglas Harmon, Joshua King, Adam Doneger, Marcella Fasulo, Avery Silverstein, Benjamin Lushing, and Calypso Peraticos from Newmark.

Players

Adam Doneger
189 deals$50B volume(516) 317-7837
BROKER

Avery Silverstein
Newmark
64 deals$14.8B volume(212) 850-5432
BROKER

Adam Spies
Newmark
260 deals$71.4B volume(212) 841-7500
BROKER

Douglas (Doug) Harmon
Newmark
128 deals$47.3B volume
BROKER

Joshua King
Newmark
114 deals$32.5B volume(212) 850-5427
BROKER

Marcella Fasulo
Newmark
93 deals$25.7B volume
BROKER

Benjamin (Ben) Lushing
Newmark
17 deals$2.8B volume
BROKER


Empire Capital Holdings
BUYER

Igal Namdar
Namdar Realty Group
23 deals$2.1B volume
BUYER


4 deals$866M volume
SELLER

Details

SOLD
IMAGE: Adam Doneger, Avery Silverstein, Ebi Khalili, Aaron Bergman, Josh Rahmani, Tony Malkin, Igal Namdar, Benjamin Lushing, Joshua King, Douglas Harmon, Adam Spies & Marcella Fasulo DATE: 6/1/2026 ADDRESS: 250 West 57th Street MARKET: Manhattan ASSET TYPE: Office / Retail BUYER: Igal Namdar - Namdar Realty Group (@NamdarRealtyGroup); Ebi Khalili, Josh Rahmani & Aaron Bergman - Empire Capital Holdings (@EmpireCapitalHoldings) SELLER: Tony Malkin - Empire State Realty Trust BROKERS: Adam Spies, Douglas Harmon, Joshua King (@JoshAdamKing), Adam Doneger (@ADoneger), Marcella Fasulo (@MMFasulo), Avery Silverstein (@Avery.Morgan810), Benjamin Lushing (@BenLushing) & Calypso Peraticos - Newmark (@Newmark) SALE PRICE: $275,000,000 SF: 541,311 ~ PPSF: $508

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