New York City · Commercial sale
1441 Broadway Property buys 1441 Broadway in Manhattan for $238.19 million
An office building at 1441 Broadway, Manhattan sold for $238,190,530 on July 27, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $238,190,530
- Sold
- July 27, 2026
- Property type
- Office building
- Building area
- 494,868 sq ft
- Price per sq ft
- $481
- Year built
- 1929
An office building at 1441 Broadway in Manhattan sold for $238,190,530 on July 27, 2026, a price 83% above the market value on record of $130,222,000, according to the New York City Department of Finance's ACRIS property records.
The price works out to $481 per square foot, based on the 494,868 square feet of building area shown in the NYC Department of Finance's records. Those records also list a 1929 construction date and an 18,225-square-foot lot.
The record lists 1441 Broadway Property LLC as the buyer and Lechar 1441 LLC as the seller.
An aerial photo of the property shows its setting: shops and offices surround the building.
What this sale costs to close
What does closing cost at this price? Under New York City custom the seller's larger charges are $6,252,501.41 for the nYC real property transfer tax (commercial/other) and $952,764 for the nY State real estate transfer tax. The seller's estimated net is $226,748,541 before brokerage commissions and any loan payoff. A cash buyer would need about $242,499,206 at closing.
Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026073100236009. Property details: NYC Department of Finance. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
