Artemis Partners Acquires Office Building In Midtown East For $9.5M

The office property located at 32 East 39th Street in Midtown East has been sold in a closed transaction. The property spans a total of 10,626 square feet. The asking price for the property was $10,450,000, and it was ultimately sold for $9,500,000. This translates to a price per square foot of $894.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $9,500,000
• Address: 32 East 39th Street
• Market: Midtown East
• Square Footage: 10,626
• Price Per Square Foot: $894

The seller of the property was Kipany, represented by James Colligan. On the other hand, the buyer was Artemis Partners, with David Matteini leading the transaction. The seller's representatives in the deal were Stephen Bell, Nick Biedron, and John Stewart from Marcus and Millichap.