David Werner Real Estate Investments Acquires 440 Ninth Avenue Office Building For $105M In Manhattan

The office building located at 440 Ninth Avenue in Manhattan’s Garment District has been sold for $105 million. This property spans 342,596 square feet, resulting in a price per square foot of $306.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $105,000,000
• Square Footage: 342,596
• Price Per Square Foot: $306
• Buyer: David Werner - David Werner Real Estate Investments
• Seller: Charles R. Bendit & Paul E. Pariser - Taconic Partners; Mike Sales - Nuveen Real Estate
• Market: Garment District, Manhattan

The transaction was facilitated by David Werner Real Estate Investments as the buyer, acquiring the property from Taconic Partners and Nuveen Real Estate, represented by Charles R. Bendit, Paul E. Pariser, and Mike Sales.