419 Park Avenue South Update 08/15/24

Rose Hill Office Building Trades for $72.18M

A 20-story, Class-B office building, located at 419 Park Avenue South in Manhattan's Rose Hill neighborhood, has been sold for $72.18 million. The structure was purchased by Elad Group, from the previous owner, Walter & Samuels, Inc, in a deal brokered by Kassin Sabbagh Realty.

Originally constructed in 1927, the 190,954-square-foot structure is known as the "Bowker Building".

In addition to office space, the building features over 7,000 square feet of ground-floor retail space, and a tenant-exclusive rooftop terrace, boasting a fitness center, a swimming pool, and an on-site restaurant and bar.

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