Tiffany building on Worth Avenue on track to fetch top dollar

259 Worth Ave. is on the market.

259 Worth Ave. is on the market.

When the Tiffany building at 259 Worth Ave. went on the market late last year, dozens of investors showed interest, said Robert Granda, the Franklin Street broker marketing the property.

The seller is weighing 10 offers for the property, and Granda said the final price is likely to be $40 million, or more than $2,300 a square foot.

“It is a pure, prime, Class A, trophy asset,” Granda said. “When you Google Worth Avenue, this is the building that comes up.”

Tiffany plans to stay in the building after the sale, he said.

Reader Comments 0

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Basic HTML is allowed. Your email address will not be published.

Subscribe to this comment feed via RSS