Empire Capital Holdings Acquires Office Building In Midtown East For $72M

The property involved in this transaction is an office located at 830 3rd Ave in Midtown East. The sale took place on August 31, 2022. The property spans 147,068 square feet and was sold for a total price of $72,000,000, resulting in a price per square foot of $490. The seller of the property was AEW Capital Management.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $72,000,000
• Address: 830 3rd Ave
• Market: Midtown East
• Square Footage: 147,068

The buyer of the property was Empire Capital Holdings, represented by Josh Rahmani, Aaron Bergman, Ebi Khalili, and Namdar Realty. The brokers involved in the deal were Andrew Scandalios and Vickram Jambu from JLL. You can find the LinkedIn profiles of Josh Rahmani (https://www.linkedin.com/in/josh-arash-rahmani-4a72b27/), Aaron Bergman (https://www.linkedin.com/in/bergmana/), Ebi Khalili (https://www.linkedin.com/in/ebi-khalili-9a537919/), Andrew Scandalios (https://www.linkedin.com/in/andrew-scandalios-ba9b756/), and Vickram Jambu (https://www.linkedin.com/in/vickram-jambu-3282bb83/).