236 Fifth Avenue
Read the full 236 Fifth Avenue case study
This page has the numbers. The case study has the story behind them: how we ran the process, who was in the bidder pool, and what it took to get the deal closed.
View 236 Fifth Avenue case study →Transaction Overview
Landmark 99-year ground lease with The Kaufman Organization in NoMad. Daniel Shirazi and Robert Khodadadian's signature deal. $65M / 95,000 SF = $684/SF.
Property Details
Transaction Value
$65M
Square Footage
95,000 SF
Price per SF
$684
Year Closed
2017
Asset Type
Office
Deal Type
Ground Lease
Property Type
Office Building - 99 Year Ground Lease
Location
New York
Transaction Parties
Scott & Raymond Chiou
Press Coverage
New York Real Estate Journal
The Real Deal
Crain's New York Business
CP Executive
New York, NY
40.7444, -73.9878
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Press Coverage
Press citations: 236 Fifth Avenue
3 press features covering the $65M transaction.
Kaufman Closes $65M NoMad Ground Lease
Kaufman Organization closes $65M 99-year ground lease on 236 Fifth Avenue.
Kaufman Organization Expands NoMad Portfolio With 236 Fifth Avenue Ground Lease
Kaufman Organization expands NoMad portfolio with 236 Fifth Avenue ground lease acquisition.
Kaufman Organization Adds 236 Fifth Avenue Ground Lease in NoMad
Kaufman Organization expands NoMad portfolio with 236 Fifth Avenue ground lease acquisition brokered by Skyline Properties.