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Ebi Khalili, Josh Rahmani, Aaron Bergman Purchase Office In Manhattan For $280 Million

Property Image
SOLD
$280,000,000
Joshua King
Douglas (Doug) Harmon
+ 6

New York

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Office540,000 SF
Sold 04/01/2026
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Property Image
SOLD

Ebi Khalili, Josh Rahmani, Aaron Bergman Purchase Office In Manhattan For $280 Million

250 West 57th Street

See Similar Deals
Office540,000 SF
Sold 04/01/2026
Joshua King
Douglas (Doug) Harmon
+ 6
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$518
Total Square Footage:540,000 SF
Transaction Type:Sale

The property involved in this transaction is an office asset located at 250 West 57th Street, Manhattan. The sale price was $280,000,000, with a total square footage of 540,000, resulting in a price per square foot of $518.

Summary of transaction details:

This deal involved prominent figures from both sides, with the buyers representing two distinct firms, Empire Capital Holdings and Namdar Realty Group. The seller, Tony Malkin, is associated with the Empire State Realty Trust, while the seller's representative team from Newmark provided comprehensive brokerage services throughout the transaction process.

Players

Adam Doneger
190 deals$50.2B volume(516) 317-7837
BROKER

Avery Silverstein
Newmark
65 deals$15.1B volume(212) 850-5432
BROKER

Adam Spies
Newmark
263 deals$71.8B volume(212) 841-7500
BROKER

Douglas (Doug) Harmon
Newmark
130 deals$47.6B volume
BROKER

Joshua King
Newmark
115 deals$32.8B volume(212) 850-5427
BROKER

Marcella Fasulo
Newmark
94 deals$25.9B volume
BROKER


Empire Capital Holdings
BUYER

Igal Namdar
Namdar Realty Group
23 deals$2.1B volume
BUYER


4 deals$866M volume
SELLER

Details

SOLD
IMAGE: Ebi Khalili, Aaron Bergman, Josh Rahmani, Tony Malkin, Igal Namdar, Marcella Fasulo, Adam Spies, Avery Silverstein, Joshua King, Doug Harmon & Adam Doneger DATE: 4/1/2026 ADDRESS: 250 West 57th Street MARKET: Manhattan ASSET TYPE: Office BUYER: Ebi Khalili, Josh Rahmani & Aaron Bergman - Empire Capital Holdings (@EmpireCapitalHoldings); Igal Namdar - Namdar Realty Group (@NamdarRealtyGroup) SELLER: Tony Malkin - Empire State Realty Trust (@ESRTSocial) SELLER'S REP: Adam Spies, Marcella Fasulo (@MMFasulo), Joshua King (@JoshAdamKing), Avery Silverstein (@Avery.Morgan810), Doug Harmon & Adam Doneger - Newmark (@Newmark) SALE PRICE: $280,000,000 SF: 540,000 ~ PPSF: $518

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$14,933,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$994,780.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$1,327,342.85
Annual Debt Service$15,928,114.19