Seattle · Commercial sale
FRE Aperture buys 206 5th Ave N in Seattle for $32.04 million
An apartment complex at 206 5th Ave N, Seattle sold for $32,038,000 on August 19, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $32,038,000
- Sold
- August 19, 2026
- Property type
- Apartment complex
- Lot size
- 6,660 sq ft
An apartment complex at 206 5th Ave N in Seattle sold for $32,038,000, a price 5.2 times the $6,176,300 market value on record. The sale closed on August 19, 2026, according to the King County Department of Assessments' sales records.
The record lists FRE Aperture LLC as the buyer and Aperture on Fifth Ave Apartments LLC as the seller. The deed conveys 2 parcels, and 206 5th Ave N is the largest one identified.
The Assessor's records show a 6,660-square-foot lot at that address.
What this sale costs to close
What does closing cost at this price? Under King County custom the seller's larger charges are $930,215 for the state real estate excise tax (graduated) and $160,190 for the local real estate excise tax (0.50%). The seller's estimated net is $30,702,148 before brokerage commissions and any loan payoff. A cash buyer would need about $31,856,520 at closing.
Source: King County Department of Assessments, real property sales, document 3392371. Property details: King County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
