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450 Park Avenue

The Mixed Use property located in New York that spans 337,000 square feet sold for $445,000,000 or $1,320 PPSF. The deal closed 5 months and 19 days ago. The brokers of the deal were Darcy Stacom, William (Bill) Shanahan and Doug Middleton

  • Location image 450 Park Avenue South, New York City, New York 10016, United States
  • Sold Value
    image $445,000,000
    image $1,320
  • Asset Type image Mixed Use
  • Area image 337,000 SF
  • Parties image3 Brokers,1 Agency
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Darcy Stacom icon icon icon

CBRE
  • Deals 26
  • Volume $7,520,000,000
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William (Bill) Shanahan icon icon

CBRE
  • Deals 19
  • Volume $5,970,000,000
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Doug Middleton icon icon

CBRE
  • Deals 13
  • Volume $3,880,000,000
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CBRE

Agency
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Comparables: 450 Park Avenue

Showing 1 of 1

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Price Icon $506,000,000

  • StatusSOLD, $3819 PPSF
  • Date10/19/21
  • Address225 West 28th Street, Manhattan, New York, NY, USA
  • Address225 West...
  • AssetMIXED USE
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This Deal on Social

SALE
IMAGE: Doug Middleton, Harrison Sitomer, Michael Turner, Darcy Stacom & William Shanahan
DATE: 04/20/2022
ADDRESS: 450 Park Avenue
MARKET: Midtown
ASSET TYPE: Mixed-use

BUYER: SL Green Realty Corp. (@SLGreen_Realty) – Harrison Sitomer
SELLER: Oxford Properties & Crown Acquisitions
BROKERS: Darcy Stacom, William Shanahan & Doug Middleton – CBRE (@CBRE)

SALE PRICE: $445,000,000
SF: 337,000 ~ PPSF: $1,320

NOTE: The deal marks SL Green’s first purchase of an office property since 2018.

Text Content: img

SALE
IMAGE: Doug Middleton, Harrison Sitomer, Michael Turner, Darcy Stacom & William Shanahan
DATE: 04/20/2022
ADDRESS: 450 Park Avenue
MARKET: Midtown
ASSET TYPE: Mixed-use

BUYER: SL Green Realty Corp. (@SLGreen_Realty) – Harrison Sitomer
SELLER: Oxford Properties & Crown Acquisitions
BROKERS: Darcy Stacom, William Shanahan & Doug Middleton – CBRE (@CBRE)

SALE PRICE: $445,000,000
SF: 337,000 ~ PPSF: $1,320

NOTE: The deal marks SL Green’s first purchase of an office property since 2018.

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Contact Darcy Stacom

Darcy Stacom has been a prestigious leader in the real estate industry for over 40 years. As Chairman and Head...

In his more than three decades in real estate, Bill Shanahan has sold, financed, and structured some of the industry’s...

Doug Middleton is an Executive Vice President with CBRE’s Investment Properties Group in the firm’s Midtown Manhattan office. Mr. Middleton’s...

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