Details
Asset CRG Advisors (‘AssetCRG’) is pleased to announce the sale of 609 Fifth Avenue. The property sold for $100,500,000. This completely vacant 139,000 square foot office condo stands 12 stories high & has additional air rights in place. 609 Fifth Avenue is located on the corner of 49th Street & Fifth Avenue in the heart of the city’s premier shopping district. This building is directly across the street from Saks Fifth Avenue & Rockefeller Center. The Property was sold for $723 per built square foot. Asset CRG Advisors was the sole broker & was able to complete the transaction completely off market. Isaac Matayev & Mike Sezan represented the seller in this transaction. AssetCRG has successfully completed multiple deals with various landlords throughout New York and continues to bring value add and development opportunities to their clients. For investment opportunities please feel free to reach out to isaac@assetcrg.com & mike@assetcrg.com.
- Neighborhood: Central Midtown
- Lot Size: 12,832 SF (53′ X 175′)
- Building Size: 152,530 SF (53′ x 175′)
- Zoning: C5-3, C5-2.5, MID
- F.A.R (As Built): 15 (9.66)
- Cross Streets: E 48th Street & E 49th Street
- Transportation: [B,D,F,M] subway lines at 47-50 Street – Rockefeller Center
- Nearby Retailers: Best Buy, Capital One Bank, Sephora, Starbucks and more
