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
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