facebook
Traded Co logo
Submit a Deal

Namdar Realty Group And Empire Capital Holdings Acquire Office Buildings In Penn Plaza For $107M

341-345 Seventh Avenue & 167 West 29th Street
PointingArrow
ShareContact

This Office property located in NY was sold for $107,000,000 over 2 years ago. The brokers of the deal were Alana Bassen, Darcy Stacom, and Doug Middleton

The property involved in the transaction is located at 341-345 Seventh Avenue & 167 West 29th Street in the Penn Plaza market. It is an office building with a total square footage of 220,000. The sale price for the property was $107,000,000, resulting in a price per square foot of $486. The transaction took place on 09/02/2021.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $107,000,000
  • Address: 341-345 Seventh Avenue & 167 West 29th Street
  • Market: Penn Plaza
  • Buyer: Namdar Realty Group - Igal Namdar & Empire Capital Holdings - Josh Rahmani, Ebi Khalili & Aaron Bergman
  • Seller: Clemons Management Corporation
  • Brokers: Doug Middleton, Alana Bassen & Darcy Stacom - CBRE

The buyers in this transaction include Namdar Realty Group represented by Igal Namdar, and Empire Capital Holdings represented by Josh Rahmani, Ebi Khalili, and Aaron Bergman. The seller was Clemons Management Corporation. The brokers involved in the deal were Doug Middleton, Alana Bassen, and Darcy Stacom from CBRE.

View Related

Deals
  • Location
    341 7th Avenue, New York, NY, USA341 7th Avenue, New York, NY, USA
  • Sale Price
    $107,000,000$107,000,000
    $486 PPSF$486 PPSF
  • Area
    220,000 SF220,000 SF
  • Asset Type
    OfficeOffice
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Alana Bassen

Alana Bassen

Deals5
Sold$1.6B

Doug Middleton

Doug Middleton

Deals18
Sold$4.3B

Darcy Stacom

Darcy Stacom

Deals27
Sold$8.2B

Agency

CBRE

CBRE

Agency
Deals4231
Volume$184.3B

Social

Deal Summary

SALE IMAGE: Darcy Stacom, Doug Middleton, Igal Namdar, Alana Bassen, Ebi Khalili, Aaron Bergman & Josh Rahmani DATE: 09/02/2021 ADDRESS: 341-345 Seventh Avenue & 167 West 29th Street MARKET: Penn Plaza ASSET TYPE: Office BUYER: Namdar Realty Group (@NamdarLLC) - Igal Namdar & Empire Capital Holdings - Josh Rahmani (@ManhattanView), Ebi Khalili (@EbiKhaliliNYC) & Aaron Bergman (@Aar0nSam) SELLER: Clemons Management Corporation BROKERS: Doug Middleton, Alana Bassen & Darcy Stacom - CBRE (@CBRE) SALE PRICE: $107,000,000 SF: 220,000 ~ PPSF: $486

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

341-345 Seventh Avenue & 167 West 29th Street

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits