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Dmitri Koon Of Weill Cornell Medicine Acquires Office At 1334 York Avenue For $510M

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SOLD
$510,000,000

New York

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Office500,000 SF
Sold 10/01/2025
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Property Image
SOLD

Dmitri Koon Of Weill Cornell Medicine Acquires Office At 1334 York Avenue For $510M

1334 York Avenue

See Similar Deals
Office500,000 SF
Sold 10/01/2025
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$1,020
Total Square Footage:500,000 SF
Transaction Type:Sale

The property involved in this transaction is located at 1334 York Avenue in the Lenox Hill market. The asset type is office space, with a total square footage of 500,000. The sale price for this property was set at $510,000, which translates to a price per square foot of $1,020.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $510,000,000
  • Square Footage: 500,000
  • Price Per Square Foot: $1,020
  • Buyer: Dmitri Koon - Weill Cornell Medicine
  • Seller: Steve Wrightson - Sothebys
  • Brokers: Doug Middleton & Mary Ann Tighe - CBRE

Key individuals involved in the transaction include Dmitri Koon, representing Weill Cornell Medicine as the buyer, and Steve Wrightson from Sothebys as the seller. The transaction was facilitated by brokers Doug Middleton and Mary Ann Tighe, both from CBRE, who played a crucial role in bringing the buyer and seller together.

Players

Doug Middleton
37 deals$6.9B volume(917) 767-6955
BROKER

Mary Ann Tighe
CBRE
31 deals$1.1B volume(212) 984-8128
BROKER

CBRE
BROKERAGE

Details

SOLD
IMAGE: Steve Wrightson, Dmitri Koon, Doug Middleton & Mary Ann Tighe DATE: 10/01/2025 ADDRESS: 1334 York Avenue MARKET: Lenox Hill ASSET TYPE: Office BUYER: Dmitri Koon - Weill Cornell Medicine SELLER: Steve Wrightson - Sothebys BROKERS: Doug Middleton & Mary Ann Tighe (@MaryAnntighe) - CBRE (@CBRE) SALE PRICE: $510,000,000 SF: 500,000 ~ PPSF: $1,020

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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