Aby Rosen Sells Office Asset At 281 Park Avenue South Manhattan For $81.5M

The property asset involved in the transaction is located at 281 Park Avenue South in Manhattan. The sale price was $81,500,000 for an office asset that spans 42,500 square feet, resulting in a price per square foot of $1,917.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $81,500,000
• Address: 281 Park Avenue South
• Market: Manhattan
• Square Footage: 42,500
• Price per Square Foot: $1,917
• Seller: Aby Rosen
• Brokerage Firms: Avison Young and Serhant

The deal involved several key individuals, including James Nelson, Alexandra Marolda, Eric Karmitz, Joseph Gervino, and Lea Voytovich representing the seller through Avison Young, while Ryan Serhant and Bernadette Brennan represented the seller through Serhant.