Albert Sultan Acquires Office Building On Madison Avenue In New York City For $77M | 149 madison avenue 162111 | Brett Siegel, Evan Layne | Office | Sale

Summary

Sale

NEW YORK

Office

128,000 sqft

An office property located at 149 Madison Avenue in New York City has been sold for a transaction amount of $77,000,000. The property spans 115,000 square feet and was sold at a price of $670 per square foot.

Summary of transaction details

Property Type: Office
Transaction Amount: $77,000,000
Address: 149 Madison Avenue
Market: New York City
Square Footage: 115,000

The buyer of the property is Albert Sultan. The seller is Columbia Property Trust, represented by Adam Frazier. The brokers involved in the deal are Brett Siegel and Evan Layne from Newmark.

Players

All
3

Agents
2
Agencies
1

Brett Siegel

Vice Chairman, Co-Head

$4.1B Sold

Evan Layne

Vice Chairman and Co-Head, New York Capital Markets Investment Sales Division

$3.9B Sold

Newmark

Details

Deal Summary

SOLD

IMAGE: Adam Frazier, Brett Siegel & Evan Layne DATE: 02/07/2023 ADDRESS: 149 Madison Avenue MARKET: New York City ASSET TYPE: Office BUYER: Albert Sultan SELLER: Columbia Property Trust - Adam Frazier BROKERS: Brett Siegel & Evan Layne - Newmark SALE PRICE: $77,000,000 SF: 115,000 ~ PPSF: $670 Sultan

View on map

Address149 madison avenue 162111

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want