Deal sheet    Single Deal
405 Lexington Avenue|Sales|06/22/2008
  • Event Sales
  • Building Name Chrysler Building
  • Address 405 Lexington Avenue
  • Square feet 1,035,000
  • Price $ 800,000,000
  • Price per foot $ 772.95
  • Borough Manhattan
  • Neighborhood Grand Central
  • Publication Date 08/01/2008
notes
The Middle Eastern sovereign wealth fund acquired a 90 percent stake in the property for $800 million. Tishman Speyer Properties will retain a 10 percent share and continue to manage the tower. The Cooper Union for the Advancement of Science and Art owns a 150-year ground lease under the property.
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