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May 2009

May 2009 » Market Analysis » NYC Buildings For Sale

May 2009 New York Buildings For Sale


New York Buildings For Sale

15 East 26th Street, a 140,000-square-foot commercial and retail condo, is being marketed. They hope to get $250 a foot for the space, for a total of $35 million. Commercial tenants include media corporation Bertelsmann, El Al Airlines and engineering firms, rent space for around $30 per square foot.

The 412,000-square-foot office building at 417 Fifth Avenue at 38th Street is on the market for $175-$200 million, which is less than the $250 million paid for it in 2007.
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