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1301 Sixth Avenue

Updated Oct 6, 2026

Brett Gottlieb And Christopher Halloran Of DRA Advisors Acquire 49% Of 1301 Sixth Avenue For $1.3B
SOLDOffice

Brett Gottlieb And Christopher Halloran Of DRA Advisors Acquire 49% Of 1301 Sixth Avenue For $1.3B

1301 Sixth Avenue

$1,258,000,000

$1/SF

Building Size

1,750,000,000 SF

Asset Type

Office

Closing

Sep 30, 2026

About this deal

AI

The asset involved in the transaction is located at 1301 Sixth Avenue in Manhattan and comprises an office property. The sale price for this asset is $1,300,000,000 with a total square footage of 1,750,000,000.

Summary of transaction details:

Key individuals involved in the transaction include Brett Gottlieb and Christopher Halloran representing DRA Advisors as the buyers of the asset. The seller of the property is Rithm Capital, while the brokerage firm Newmark facilitated the deal through the efforts of Adam Spies, Douglas Harmon, Adam Doneger, Joshua King, Marcella Fasulo, Avery Silverstein, Benjamin Lushing, and Matthew Gill.

On the Map

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$1,258,000,000

$1/SF

Office

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Players

Adam Doneger

Newmark

Broker

$52.3B

vol

197 deals

Broker
Avery Silverstein
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Avery Silverstein

Newmark

Broker

$15.1B

vol

66 deals

Broker

Brett Gottlieb

DRA Advisors, Pine Tree

Buyer

$1.4B

vol

2 deals

Buyer

Rithm Capital

Rithm Capital Corp

Seller

$1.3B

vol

1 deal

Seller
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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

0.01%

Cash-on-Cash

-0.00%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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