Sales Beat

Santander Unloads 45 East 53rd Street for $120M

NYE45322

Spanish banking giant Santander has sold 45 East 53rd Street in Midtown for $120 million, city records show.

The 130,000-square-foot, 20-story modern glass and stone building serves as the bank’s New York headquarters.

Alex Kurkin, an attorney with Florida-based law firm Kurkin Forehand Brandes, signed off on the deed for the buyer, which was listed as Kireland East 53rd Street New York, LLC in city documents. Read More

Sales Beat

Santander To Sell 45 East 53rd Street

45 East 53rd Street

The Spanish bank Santander is marketing 45 East 53rd Street in what will likely be a sale leaseback deal.

An investment sales broker familiar with the building said that it could trade for as much as $100 million or more.

The building is about 113,000 square feet and is fully occupied by Santander, which uses the space for its New York operations. Marcos DeSillas, a facilities manager who oversees the property for Santader told The Commercial Observer that the property’s sale is being handled by executives at the bank’s headquarters in Spain. Read More