The asset involved in the transaction includes office buildings located at 10 East 33rd Street and 12 East 33rd Street, situated in the Midtown South market. The sale was completed for $27,500,000, which reflects a significant reduction compared to the $54,500,000 paid for the properties in 2018.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $27,500,000
• Buyer: Han 533
• Seller: Daniel Wrublin - Dalan Management & Paul Marcus - Marcus Partners
• Date of Transaction: 04/16/2025

The transaction involved key individuals including Ayush Kapahi, Daniel Wrublin, Andrew Wrublin, and Paul Marcus, who played significant roles in the deal. The sellers, Dalan Management and Marcus Partners, successfully negotiated the sale of the Midtown South office buildings.