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

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.