CrezlyOff-Market Offering

Office in Manhattan

$670,000,000

Office · 1,400,000 SF

Asking Price
$670,000,000
Cap Rate
2.61%
NOI
$17,500,000
Price / SF
$479
Building SF
1,400,000
Asset Type
Office

Investment Highlights

Midtown NYC 1.4msqFt built 50% occupied 17.5m NOI in place (pro forma on full occupancy $66m) normal sale owner asking $670m (10% cap on full occupancy)(481psft) negotiable
Yaniv Grinberg
Listing contact · Verified on Crezly
Inquire / make an offer:
https://www.crezly.com/property/midtown-nyc-1-4msqft/
Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.