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1309 Fifth Avenue

1309 Fifth Avenue
New York, NY 10029
Retail, Residential, Leasing/Rental, Multifamily
  • Address 1309 Fifth Avenue
  • neighborhood East Harlem
  • borough Manhattan
  • owner Brookfield Property Partners
  • owner entity BSREP UA HERITAGE LLC
  • floors 34
  • Year Built 1974
  • residential units 600
  • commercial units 11
  • total units 611
  • square feet 680,000
  • block and lot 1-01616-0001
  • BIN 1085255
  • Event Financing
  • Address 1309 Fifth Avenue
  • Neighborhood East Harlem
  • Borough Manhattan
  • Price $ 179,900,000
notes
The firms acquired a loan to refinance the property -- which was part of the Putnam Portfolio -- for
  • Event Retail Leasing
  • Address 1660 Madison Avenue
  • Neighborhood East Harlem
  • Borough Manhattan
  • Square feet 10,185
  • Publication Date 11/01/2010
  • Event Date 09/22/2010
  • Party 1 Frawley Plaza
  • Party 1 Brokerage Admiral Real Estate
  • Party 1 Broker Jonathan Gordon
  • Party 2 Goris Grocers
  • Party 2 Broker Alexandra Alicia Shiros (independent broker)
notes
The grocery chain signed a 15-year lease for another location. The reported asking rent was $40 per square foot.
  • Event Sales
  • Address 1307 Fifth Avenue
  • Neighborhood East Harlem
  • Borough Manhattan
  • Price $ 940,000,000
  • Price per foot $ 235,000.00
  • Publication Date 06/01/2007
  • Event Date 04/22/2007
  • Party 1 MPL LLC
  • Party 2 Urban American Management, City Investment Fund
notes
The former Mitchell-Lama buildings sold for $940 million, or $235,000 per unit, in the second-largest residential portfolio sale in Manhattan to date. The seller, Cammeby's International, is controlled by landlord Ruby Schron. The buildings are located at 3333 Broadway, 455 East 102nd Street, 1940 First Avenue, 1890 Lexington Avenue, 1990 Lexington Avenue and 1307 Fifth Avenue. The deal also included 552 Main Street on Roosevelt Island.