Aby Rosen Acquires Office Building On Third Avenue In Midtown East For $400M

Aby Rosen has acquired an office property located at 900 Third Avenue in Midtown East. The property spans 600,000 square feet and was sold for a total of $400,000,000, resulting in a price per square foot of $667. The seller of this asset is Paramount Group.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $400,000,000
• Square Footage: 600,000
• Price Per Square Foot: $667
• Address: 900 Third Avenue
• Market: Midtown East

The deal was facilitated by the brokerage team of Adam Spies, Doug Harmon, Adam Doneger, Josh King, and Rachel Humphrey from Cushman & Wakefield.