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420 Fifth Ave - 5th Fl
SOLD

Ziff Brothers Investments Acquires Office Space In Midtown Manhattan

420 Fifth Ave - 5th Fl

Office
17,550 SF
clock iconSold 1 year ago
Michael Heller
Brian Gell
Michael Rudder
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Summary

Sale
FLORIDA
Office
17,550 sqft

The sale of an office property at 420 Fifth Ave - 5th Fl in Midtown has been completed. The property, located at a prime address in Midtown, was sold for a total of $27,300,000. The office space spans an area of 33,058 square feet, resulting in a price per square foot of $759.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $27,300,000

The seller of the property is the Witkoff Company, a well-known real estate firm. The buyer, Ziff Brothers Investments, made the purchase through Dirk Ziff. Representing the buyer, Brian Gell, Vice Chairman of CBRE, played a key role in the transaction. On the seller's side, Michael Rudder and Michael Heller from Rudder Property Group acted as the representatives.

Players

  • All

    5

  • Agents

    3

  • Agencies

    2

Michael Heller's profile picture
Michael Heller
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Managing Partner
$30.6M Sold
Brian Gell's profile picture
Michael Rudder's profile picture

Details

Deal Summary
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SOLD
IMAGE: Mike Heller, Steve Witkoff and Michael Rudder DATE: 05/30/2019 ADDRESS: 420 Fifth Ave - 5th Fl MARKET: Midtown ASSET TYPE: Office ASKING PRICE: $30,578,650 SALE PRICE: $27,300,000 SF: 33,058 ~ PPSF: $759 SELLER: @WitkoffCo BUYER: Ziff Brothers Investments - Dirk Ziff BUYER’S REP: Brian Gell, Vice Chairman - CBRE SELLER’S REP: Michael Rudder & Michael Heller - Rudder Property Group

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Address420 Fifth Ave - 5th Fl

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