Asset CRG is pleased to announce the successful off-market sale of 609 Fifth Avenue, New York, NY 10017, for $100,500,000 on June 15, 2022. This 12-story, 139,000-square-foot vacant office condominium, located at the corner of 49th Street and Fifth Avenue in Manhattan's premier shopping district, was sold at approximately $723 per built square foot. The property also includes additional air rights, offering potential for future development.
Investment Sales Associates Michael Sezan and Isaac Matayev served as the sole brokers for this transaction, facilitating the sale entirely off-market. This achievement underscores AssetCRG's expertise in navigating complex real estate deals and delivering exceptional value to clients.
