The Vanbarton Group Acquires Office Asset From Emigrant Savings Bank For $140M In Midtown East

The property asset involved in this transaction is located at 6 East 43rd Street, situated in the Midtown East market. This office asset encompasses approximately 400,000 square feet and has a sale price of $140,000,000, resulting in a price per square foot of $350.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $140,000,000
• Address: 6 East 43rd Street
• Market: Midtown East
• Square Footage: 400,000
• Price per Square Foot: $350
• Buyer: The Vanbarton Group
• Seller: Emigrant Savings Bank
• Buyer's Representatives: Robert Khodadadian, Daniel Shirazi & Daniel Davidov - Skyline Properties

Key individuals involved in the deal include Robert Khodadadian, Daniel Shirazi, and Daniel Davidov, who represented the buyer, The Vanbarton Group, in this transaction. The seller, Emigrant Savings Bank, completed the sale as part of their asset management strategy.