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Newmark Facilitates $1.35 Million Per-Unit Sale of 265 East 66th Street in Manhattan

Reuters01-21

Newmark Facilitates $1.35 Million Per-Unit Sale of 265 East 66th Street in Manhattan

Newmark Group Inc. has facilitated the sale of a significant stake in 265 East 66th Street, a luxury high-rise multifamily property located in Manhattan's Upper East Side. The transaction, arranged by Newmark’s Adam Spies and Adam Doneger, values the property at approximately $1.35 million per unit, marking the third-highest price paid per unit for a multifamily building of 100 units or more in New York City since 2021. GO Residential Real Estate Investment Trust (GO REIT) remains the property manager following the sale, underscoring the continued attraction of institutional investment in the city's luxury high-rise market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newmark Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY67024) on January 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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