Aby Rosen & Michael Fuchs Sell Mixed-Use Asset At 281 Park Avenue South For $120M

The mixed-use asset located at 281 Park Avenue South is under contract with an asking price of $120,000,000. The property encompasses a total of 42,500 square feet, resulting in a price per square foot of $2,824. It is situated in Manhattan, an area known for its real estate dynamics.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $120,000,000
• Address: 281 Park Avenue South
• Market: Manhattan
• Square Footage: 42,500
• Price per Square Foot: $2,824
• Seller: Aby Rosen & Michael Fuchs - RFR
• Brokers: Ryan Serhant & Bernadette Brennan - Serhant; Alexandra Marolda & James Nelson - Avison Young

The notable aspect of this transaction is its connection to Anna Delvey’s attempted venture to establish a private arts club, which previously attracted media attention. The transaction has garnered interest due to its long time on the market before entering contract status, while the specific buyer and final sale price details remain undisclosed.