60 Guilders Purchases Office Building From Vanbarton Group In Midtown Manhattan For $90.5M

The property asset involved in this transaction is located at 292 Madison Avenue in Midtown Manhattan. This office asset consists of 200,000 square feet and was sold for $90,500,000, equating to a price per square foot of $452.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $90,500,000
• Address: 292 Madison Avenue
• Market: Midtown Manhattan
• Square Footage: 200,000
• Price Per Square Foot: $452
• Buyer: 60 Guilders
• Seller: Vanbarton Group
• Brokers: Adam Spies, Adam Doneger, Joshua King, Marcella Fasulo, Avery Silverstein, and Douglas Harmon - Newmark

The transaction involved multiple brokers representing the buyer and seller, with Adam Spies, Adam Doneger, Joshua King, Marcella Fasulo, Avery Silverstein, and Douglas Harmon from Newmark facilitating the deal. The closing date for this transaction was September 30, 2024.