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893 Broadway

Atlantic Capital Partners Sells Office Building At 893 Broadway Manhattan For $31 Million With Buyer’s Rep Sahar Ziv
SOLDOffice

Atlantic Capital Partners Sells Office Building At 893 Broadway Manhattan For $31 Million With Buyer’s Rep Sahar Ziv

893 Broadway

$31,000,000

$1,327/SF

Building Size

23,355 SF

Asset Type

Office

Closing

May 28, 2026

AI

The asset involved in the transaction is an office property located at 893 Broadway in Manhattan. The property was sold for a total of $31,000,000, encompassing a square footage of 23,355. The price per square foot amounts to $1,327.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $31,000,000
  • Address: 893 Broadway
  • Market: Manhattan
  • Seller: Atlantic Capital Partners
  • Buyer’s Representative: Sahar Ziv - Douglas Elliman
  • Square Footage: 23,355
  • Price per Square Foot: $1,327

This transaction featured Atlantic Capital Partners as the seller while Sahar Ziv from Douglas Elliman represented the buyer in this deal.

Players

Sahar Ziv

Douglas Elliman

Broker

$29.9M

vol

2 deals

Broker

New York Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.51%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93