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Kaufman Investments And Two Sigma Acquire Madison Square Collection Portfolio From Savanna For $125M

Property Image
SOLD
$125,000,000
Jeff Organisciak
Gary Phillips
+ 1

New York

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Office134,585 SF
Sold 06/08/2026
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Property Image
SOLD

Kaufman Investments And Two Sigma Acquire Madison Square Collection Portfolio From Savanna For $125M

24-28 West 25th Street, New York, Ny, 10010 & 48 West 25th Street

See Similar Deals
Office134,585 SF
Sold 06/08/2026
Jeff Organisciak
Gary Phillips
+ 1
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$928
Total Square Footage:134,585 SF
Transaction Type:Sale

The property asset involved in the transaction is the Madison Square Collection Portfolio, located at 24-28 West 25th Street and 48 West 25th Street in the Flatiron District. The total sale price for the asset was $125,000,000, encompassing 260,000 square feet, which reflects a price per square foot of $481.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $125,000,000
  • Square Footage: 260,000
  • Price per Square Foot: $481
  • Buyer: Kaufman Investments - Mike Kazmierski & Two Sigma
  • Seller: Savanna
  • Advisors: Gary Phillips, Will Silverman, Jeff Organisciak & Carly Shoulberg - Eastdil Secured
  • Market: Flatiron District

This transaction involved significant players in the real estate sector, with Kaufman Investments and Two Sigma as the buyers represented by Mike Kazmierski. The seller, Savanna, was advised by a team from Eastdil Secured, including Gary Phillips, Will Silverman, Jeff Organisciak, and Carly Shoulberg, highlighting the collaborative nature of the deal.

Players

Jeff Organisciak
37 deals$8.9B volume
BROKER

Gary Phillips
Eastdil Secured
89 deals$34.9B volume
BROKER

Will Silverman
Eastdil Secured
72 deals$28.1B volume
BROKER

Carly Shoulberg
Eastdil Secured
11 deals$3.9B volume
BROKER

SELLER

Details

SOLD
IMAGE: Gary Phillips, Will Silverman, Mike Kazmierski, Jeff Organisciak & Carly Shoulberg DATE: 6/8/2026 ADDRESS: 24-28 West 25th Street & 48 West 25th Street - Madison Square Collection Portfolio MARKET: Flatiron District ASSET TYPE: Office BUYER: Kaufman Investments - Mike Kazmierski & Two Sigma SELLER: Savanna ADVISORS: Gary Phillips (@Garyty123), Will Silverman (@Wilverman1978), Jeff Organisciak & Carly Shoulberg - Eastdil Secured (@EastdilSecured) SALE PRICE: $125,000,000 SF: 260,000 ~ PPSF: $481

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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