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452 5th Avenue

The Office property located in New York that spans 865,000 square feet sold for $855,000,000 or $988 PPSF. The deal closed 6 months and 29 days ago. The brokers of the deal were Drew Isaacson, William (Will) Silverman, Steven Binswanger, Gary Phillips and Graham Stephens

  • Location image 452 5th Avenue, Manhattan, New York, NY, USA
  • Sold Value
    image $855,000,000
    image $988
  • Asset Type image Office
  • Area image 865,000 SF
  • Parties image5 Brokers,1 Lender,1 Agency
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Drew Isaacson icon

Eastdil Secured
  • Deals 2
  • Volume $1,790,000,000
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William (Will) Silverman icon icon

Eastdil Secured
  • Deals 14
  • Volume $6,500,000,000
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Steven Binswanger icon icon

Eastdil Secured
  • Deals 10
  • Volume $3,056,660,000
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Gary Phillips icon icon icon

Eastdil Secured
  • Deals 25
  • Volume $9,990,000,000
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Graham Stephens

  • Deals 2
  • Volume $945,000,000
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Lender
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Comparables: 452 5th Avenue

Showing 4 of 6

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Price Icon $930,000,000

  • StatusSOLD, $775 PPSF
  • Date03/01/22
  • Address77 West 66th Street, New York City, New York 10023, United States
  • Address77 West...
  • AssetOFFICE
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Price Icon $850,000,000

  • StatusSOLD, $878 PPSF
  • Date09/30/21
  • Address100 Pearl Street, New York, NY 10004, USA
  • Address100 Pearl...
  • AssetOFFICE
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Price Icon $760,000,000

  • StatusSOLD, $871 PPSF
  • Date08/16/21
  • Address51 West 52nd Street, Manhattan, New York, NY, USA
  • Address51 West...
  • AssetOFFICE
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Price Icon $815,000,000

  • StatusSOLD, $715 PPSF
  • Date10/01/19
  • Address220 East 42nd Street, New York, NY 10017, USA
  • Address220 East...
  • AssetOFFICE
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This Deal on Social

SALE
IMAGE: Gary Phillips, Steve Binswanger, Andrew Chung, Graham Stephens, Eli Elefant, Drew Isaacson, & Will Silverman
DATE: 12/05/2021
ADDRESS: 452 5th Avenue
MARKET: Midtown
ASSET TYPE: Office

BUYER: Innovo Property Group
SELLER: Property & Building Corp. Ltd. 🇮🇱
BROKERS: Gary Phillips, Steve Binswanger, Will Silverman, Drew Isaacson, Eli Elefant, Andrew Chung & Graham Stephens – Eastdil Secured (@EastdilSecured)

SALE PRICE: $855,000,000
SF: 865,000 ~ PPSF: $988

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SALE
IMAGE: Gary Phillips, Steve Binswanger, Andrew Chung, Graham Stephens, Eli Elefant, Drew Isaacson, & Will Silverman
DATE: 12/05/2021
ADDRESS: 452 5th Avenue
MARKET: Midtown
ASSET TYPE: Office

BUYER: Innovo Property Group
SELLER: Property & Building Corp. Ltd. 🇮🇱
BROKERS: Gary Phillips, Steve Binswanger, Will Silverman, Drew Isaacson, Eli Elefant, Andrew Chung & Graham Stephens – Eastdil Secured (@EastdilSecured)

SALE PRICE: $855,000,000
SF: 865,000 ~ PPSF: $988

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Contact Drew Isaacson

Specialties: Deal complexity, structuring joint ventures for both domestic and international investors, and asset/portfolio transactions.

tephens has over 15 years of experience successfully closing a variety of complex real estate transactions exceeding $17 billion in...

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