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Luxury Apartment Property Near UN Headquarters Registers One of Manhattan’s Largest 2022 Sales

Solow Building Company Gets $387.5 Million for Rentals at 685 First Ave. in New York
A luxury rental property including 408 market-rate units commanded one of Manhattan’s highest multifamily sale prices this year. (JLL)
A luxury rental property including 408 market-rate units commanded one of Manhattan’s highest multifamily sale prices this year. (JLL)
CoStar News
October 7, 2022 | 7:56 P.M.

With New York’s luxury rental market still in demand, an upscale multifamily property just a few short blocks from the United Nations headquarters on Manhattan’s Far East Side has notched one of the city’s largest apartment sales this year.

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