facebook
Traded Co logo
Submit

Michael Kazmierski Of Kaufman Investments Acquires Manhattan Office From AXA Financial For $52M

Property Image
SOLD
$52,000,000
Brett Siegel
Avery Silverstein
Adam Spies

New York

See Similar Deals
Office137,000 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Michael Kazmierski Of Kaufman Investments Acquires Manhattan Office From AXA Financial For $52M

40 West 25th Street

See Similar Deals
Office137,000 SF
Sold
Brett Siegel
Avery Silverstein
Adam Spies
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$379
Total Square Footage:137000 SF
Transaction Type:Sale

The asset involved in this transaction is an office property located at 40 West 25th Street in Manhattan. The sale price was $52,000,000, and the total square footage of the property is 137,000, resulting in a price per square foot of $379.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $52,000,000
  • Address: 40 West 25th Street
  • Market: Manhattan
  • Seller: AXA Financial
  • Buyer: Michael Kazmierski - Kaufman Investments
  • Brokers: Adam Spies, Avery Silverstein & Brett Siegel - Newmark
  • Square Footage: 137,000
  • Price per Square Foot: $379

Key individuals in this transaction include the buyer, Michael Kazmierski, representing Kaufman Investments, and the seller, AXA Financial. The broker team facilitating this deal consisted of Adam Spies, Avery Silverstein, and Brett Siegel from Newmark, showcasing a collaboration among experienced professionals in the real estate market.

Players

Avery Silverstein
Newmark
Avery Silverstein
60 deals$14B volume(212) 850-5432
BROKER
Brett Siegel
Newmark
Brett Siegel
75 deals$6.4B volume(212) 372-0798
BROKER
Adam Spies
Newmark
Adam Spies
256 deals$71.4B volume(212) 841-7500
BROKER

Details

SOLD
IMAGE: Michael Kazmierski DATE: 3/24/2026 ADDRESS: 40 West 25th Street MARKET: Manhattan ASSET TYPE: Office BUYER: Michael Kazmierski - Kaufman Investments SELLER: AXA Financial BROKERS: Adam Spies, Avery Silverstein (@Avery.Morgan810) & Brett Siegel (@BSieges) - Newmark (@Newmark) SALE PRICE: $52,000,000 SF: 137,000 ~ PPSF: $379

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$2,773,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$184,745.03
Cash-on-Cash Return-1.27%
Monthly Debt Service$246,506.53
Annual Debt Service$2,958,078.35