SOLD
Empire Capital & Namdar Realty Acquire 529 5th Avenue Office For $107.5M
529 5th Avenue
Office
281,000 SF
281,000 SF
Sold 310 days ago
Summary
Sale
NEW YORK
Office
281,000 sqft
The office building located at 529 5th Avenue in New York City has been sold for a price of $107,500,000. The property spans across 281,000 square feet with a price per square foot of $382.5. The transaction took place on June 26, 2023. The buyer of the property is Empire Capital & Namdar Realty, while the seller is Silverstein Properties.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $107,500,000
- SF: 281,000
- PPSF: $382.5
The deal was facilitated by a team of brokers from Newmark, including Adam Spies, Douglas Harmon, Joshua King, Adam Doneger, Avery Silverstein, Dustin Stolly, and Jordan Roeschlaub. They represented both the buyer and the seller in this transaction.
Players
All
7
Agents
6
Agencies
1
Details
SOLD
IMAGE: Adam Spies, Douglas Harmon, Adam Doneger, Avery Silverstein & Joshua King
DATE: 06/26/2023
ADDRESS: 529 5th Avenue
MARKET: New York City
ASSET TYPE: Office
BUYER: Empire Capital & Namdar Realty (@NamdarLLC)
SELLER: Silverstein Properties
BROKERS: Adam Spies, Douglas Harmon, Joshua King, Adam Doneger (@ADoneger), Avery Silverstein (@Avery.Morgan810), Dustin Stolly & Jordan Roeschlaub (@JordyRoeschlaub) - Newmark (@Newmark)
SALE PRICE: $107,500,000
SF: 281,000 ~ PPSF: $382.5.5View on map
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Address529 5th Avenue
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