SOLD
Compass Represents Buyer In $101M Mixed-Use Sale On Fifth Avenue
576 Fifth Avenue
Mixed-use
57,352 SF
57,352 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Mixed-use
57,352 sqft
Severn Realty Partners has completed the sale of a mixed-use property located at 576 Fifth Avenue in Midtown. The transaction took place on July 12, 2021, with a sale price of $101,000,000. The property spans an area of 57,352 square feet, resulting in a price per square foot of $1,761.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $101,000,000
- Address: 576 Fifth Avenue
- Market: Midtown
The buyer's representatives in this transaction were Daniel Chun and Adelaide Polsinelli from Compass, while Paul Massey, Zach Redding, Dylan Kane, Daniel O'Mahony, and Christian Kane from B6 Real Estate represented the seller, Severn Realty Partners. The involvement of these key individuals and companies reflects their roles in facilitating the deal.
Players
All
10
Agents
7
Agencies
3
Details
SOLD
IMAGE: Christian Kane, Daniel O’Mahony, Zach Redding, Dylan Kane, Paul Massey, Daniel Chun & Adelaide Polsinelli
DATE: 07/12/2021
ADDRESS: 576 Fifth Avenue
MARKET: Midtown
ASSET TYPE: Mixed-use
SELLER: Severn Realty Partners
BUYER’S REP: Daniel Chun & Adelaide Polsinelli @Compass
SELLER’S REP: Paul Massey, Zach Redding, Dylan Kane, Daniel O'Mahony & Christian Kane @B6RealEstate
SALE PRICE: $101,000,000
SF: 57,352 ~ PPSF: $1,761 🔥View on map
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Address576 Fifth Avenue
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