Madison Realty Capital Sells Condo On Ocean Parkway In Kensington For $8.25M

Located at 423 Ocean Parkway in Kensington, this condominium property was recently sold in a transaction facilitated by Madison Realty Capital and David Speiser. The sale took place on August 17, 2022.

Summary of transaction details

• Property Type: Condo
• Transaction Amount: $8,250,000
• Units: 2
• Price per Unit: $4,125,000
• Square Footage: 18,252
• Price per Square Foot: $452

Madison Realty Capital, represented by David Speiser, was the seller of this property. The asset, comprising two units, was sold for a total price of $8,250,000. Each unit had a price of $4,125,000. The property spans an area of 18,252 square feet, resulting in a price per square foot of $452.