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Top Rock Holdings Acquires Office Building At 609 5th Ave. In Midtown Manhattan For $100.5M

Property Image
SOLD
$100,500,000

New York

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MultiFamily178,825 SF
Sold 06/15/2022
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Property Image
SOLD

Top Rock Holdings Acquires Office Building At 609 5th Ave. In Midtown Manhattan For $100.5M

609 5th Avenue, New York City, New York 10011, United States

See Similar Deals
MultiFamily178,825 SF
Sold 06/15/2022
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$562
Total Square Footage:178,825 SF
Transaction Type:Sale

Located on the corner of 49th Street and Fifth Avenue in Midtown, Manhattan, the property at 609 5th Ave is an office condo spanning 139,000 square feet. It stands 12 stories high and comes with additional air rights. Situated in a prime location, this completely vacant office space is in close proximity to Saks Fifth Avenue and Rockefeller Center.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $100,500,000
  • Square footage: 139,000 SF
  • Price per square foot: $723
  • Address: 609 5th Ave
  • Market: Midtown, Manhattan

The transaction involved Top Rock Holdings as the buyer and SL Green Realty Corp. as the seller. The sale was facilitated by Mike Sezan and Isaac Matayev from Asset Commercial Realty Group, who acted as brokers for the deal. The transaction was completed off-market, highlighting Asset CRG Advisors' ability to secure exclusive investment opportunities.

For future investment opportunities, interested parties can contact Mike Sezan at 718-578-0546 or [email protected], as well as Isaac Matayev at 347-684-0037 or [email protected].

Players

Mike Sezan
17 deals$117.6M volume
BROKER

Isaac Matayev
Asset CRG Advisors
11 deals$122.3M volume(347) 684-0037
BROKER

Iron Hound Management Company
BROKERAGE


SL Green
SELLER

Details

SOLD
IMAGE: Mike Sezan & Isaac Matayev DATE: 06/15/2022 ADDRESS: 609 5th Ave. MARKET: Midtown, Manhattan ASSET TYPE: Office BUYER: Top Rock Holdings SELLER: SL Green Realty Corp. BROKERS: Mike Sezan (@718Sezan) & Isaac Matayev (@investmentsspecialist) - Asset Commercial Realty Group (@AssetCRG) SALE PRICE: $100,500,000 SF: 139,000 ~ PPSF: $723 NOTE @AssetCRG: 609 Fifth Avenue is located on the corner of 49th Street & Fifth Avenue in the heart of the city’s premier shopping district. This completely vacant 139,000 square foot office condo stands 12 stories high & has additional air rights in place. This building is directly across the street from Saks Fifth Avenue & Rockefeller Center. Asset CRG Advisors was the sole broker & was able to complete the transaction completely off market. For future investment opportunities please reach out to: Mike Sezan 718-578-0546 [email protected] Isaac Matayev 347-684-0037 [email protected]

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