475 Fifth Avenue|Sales|09/22/2011 | TRD Research
Deal sheet    Single Deal
475 Fifth Avenue|Sales|09/22/2011
  • Event Sales
  • Address 475 Fifth Avenue
  • Square feet 280,000
  • Price $ 144,000,000
  • Price per foot $ 514.29
  • Borough Manhattan
  • Neighborhood Grand Central
  • Publication Date 11/01/2011
notes
The property sold for $144 million, or about $514 per square foot. A joint venture of real estate developer Joseph Moinian and Westbrook Capital acquired 475 Fifth Avenue, located at 41st Street, in 2007 for $160 million, but lender Barclays took the property back in 2009 through a deed in lieu of foreclosure.