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MultiFamily Property At 800 5th Avenue Sold For $800 Million In New York City

Property Image
Marcella Fasulo
Douglas (Doug) Harmon
Adam Spies
+ 3

New York

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MultiFamily
Leased 03/24/2025
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Property Image

MultiFamily Property At 800 5th Avenue Sold For $800 Million In New York City

800 5th Avenue

See Similar Deals
MultiFamily
Leased 03/24/2025
Marcella Fasulo
Douglas (Doug) Harmon
Adam Spies
+ 3
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily

The transaction involved a multifamily asset located at 800 5th Avenue in New York City. The sale was finalized on March 24, 2025, for a price of $800,000,000.00.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $800,000,000.00
  • Buyer: Miki Naftali (Naftali Group)
  • Seller: Eliot Spitzer (Spitzer Enterprises)
  • Brokers: Adam Spies (Newmark), Douglas (Doug) Harmon (Newmark), Adam Doneger (Newmark), Marcella Fasulo (Newmark)

The brokers representing the parties in this transaction included multiple professionals from Newmark, indicating a collaborative effort in facilitating the deal. The involvement of both a prominent buyer and seller reflects the significance of the transaction in the New York City real estate market.

Players

Adam Doneger
Newmark
Adam Doneger
189 deals$50B volume(516) 317-7837
BROKER
Adam Spies
Newmark
Adam Spies
260 deals$71.4B volume(212) 841-7500
BROKER
Douglas (Doug) Harmon
Newmark
Douglas Harmon
128 deals$47.3B volume
BROKER
Marcella Fasulo
Newmark
Marcella Fasulo
93 deals$25.7B volume
BROKER
Miki Naftali
Naftali Group
Miki Naftali
28 deals$3.9B volume
BUYER
Eliot Spitzer
Eliot Spitzer
8 deals$2B volume
SELLER

Details

IMAGE: - UNDER CONTRACT IMAGE: Eliot Spitzer, Douglas Harmon, Miki Naftali, Danielle Naftali, Adam Spies, Marcella Fasulo & Adam Doneger DATE: 03/24/2025 ADDRESS: 800 5th Avenue MARKET: Manhattan ASSET TYPE: Multifamily BUYER: Miki Naftali - Naftali Group (@Naftali_Group) SELLER: Eliot Spitzer - Spitzer Enterprises BROKERS: Adam Spies, Douglas Harmon, Adam Donegar (@ADoneger), Marcella Fasulo (@MMFasulo) - Newmark (@Newmark) PRICE: $800,000,000 NOTE: Naftali Group is buying 800 Fifth Ave. in Manhattan from Spitzer Enterprises and Winter Organization for over $800 million, with Newmark’s Adam Spies, Douglas Harmon, Adam Donegar, and Marcella Fasulo advising on the deal.

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