222 East 41st Street

Columbia Property Trust, Inc. (NYSE: CXP) announced today (5.29.18) that it has completed the sale of 222 East 41st Street in Midtown Manhattan to Commerz Real, real assets investment manager of German Commerzbank, for a gross sales price of $332.5 million.

This prominent Midtown asset near Grand Central Terminal is fully leased to New York University for the next 30 years, as part of the expansion of NYU’s Langone Medical Center. The 25-story building has been converted from office into one of the largest, multispecialty ambulatory care facilities in NYU Langone’s network and began accepting patients in April 2018.

  • MSA / Submarket
    Manhattan / Midtown
  • Total Rentable SF
    390,000
  • Year Built / Renovated
    2001 / 2017
  • Year Acquired
    2007
  • Major Tenants
    NYU Langone Medical Center
  • Leased
    100%
222 East 41st Street
24th Floor
New York, NY 10017

PROPERTY MANAGEMENT

Danielle Lombardo
212.659.8467
 

 

LEASING CONTACT

CBRE
Paul Amrich
212.984.8122
 

 

ASSET MANAGEMENT

Kelly Lim
646.618.8814