The property asset involved in the transaction is a 23-story office building located at 522 5th Avenue, situated in Midtown Manhattan. Amazon acquired this asset for $456,000,000, with a total square footage of 570,000, resulting in a price per square foot of approximately $800. The transaction took place after Amazon paid about $100 million above the prior sale value.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $456,000,000
• Buyer: Andy Jassy - Amazon
• Seller: Aby Rosen & Michael Fuchs - RFR
• Square Footage: 570,000
• Price Per Square Foot: $800
• Date of Transaction: 05/09/2025
• Address: 522 5th Avenue
• Market: Midtown Manhattan

This transaction involved key individuals, including Andy Jassy, who represented Amazon as the buyer. The sellers, Aby Rosen and Michael Fuchs, represented RFR in this deal, facilitating the sale of the office asset. The price paid by Amazon marks a significant increase compared to the previous sale value.