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Victor Sigoura Of Legion Investment Group And Genghis Hadi Of Nahla Capital Sell Condo At 1122 Madison Avenue For $89.5M

Property Image
SOLD
$89,500,000
Cathy Franklin
VS
Genghis Hadi

New York

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Condo9,350 SF
Sold
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Property Image
SOLD

Victor Sigoura Of Legion Investment Group And Genghis Hadi Of Nahla Capital Sell Condo At 1122 Madison Avenue For $89.5M

1122 Madison Avenue

See Similar Deals
Condo9,350 SF
Sold
Cathy Franklin
VS
Genghis Hadi
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Condo
Price Per Square Foot:$9572
Total Square Footage:9350 SF
Transaction Type:Sale

The condo at 1122 Madison Avenue, located in the Upper East Side, was sold for $89,500,000. The residence covers approximately 9,350 square feet and is priced at $9,572 per square foot.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $89,500,000
  • Address: 1122 Madison Avenue
  • Market: Upper East Side
  • Square Footage: 9,350
  • Price per Square Foot: $9,572
  • Seller: Victor Sigoura - Legion Investment Group & Genghis Hadi - Nahla Capital
  • Broker: Cathy Franklin - The Corcoran Group

The deal highlights the contributions of Legion Investment Group and Nahla Capital, who developed the property, and Studio Sofield, which designed the residence. The transaction signifies the demand for large residential spaces, with this penthouse expected to set a record in the Upper East Side market.

Players

Cathy Franklin
The Corcoran Group
Cathy Franklin
5 deals$215.8M volume(917) 863-8209
BROKER
VS
Victor Sigoura
7 deals$793.9M volume
SELLER
Genghis Hadi
Nahla Capital
Genghis Hadi
4 deals$405M volume
SELLER

Details

SOLD
IMAGE: Cathy Franklin, Victor Sigoura & Genghis Hadi DATE: 2/21/2026 ADDRESS: 1122 Madison Avenue MARKET: Upper East Side ASSET TYPE: Condo SELLER: Victor Sigoura - Legion Investment Group (@LegionInvestmentGroup) & Genghis Hadi - Nahla Capital (@NahlaCapital) BROKER: Cathy Franklin (@CathyfFranklin) - The Corcoran Group (@TheCorcoranGroup) (@CorcoranSunshine) SALE PRICE: $89,500,000 SF: 9,350 ~ PPSF: $9,572 NOTE FROM SELLER: The penthouse at @1122madisonavenue is in contract for $89.5 million, positioned to become one of New York City’s priciest residential deals of the year and an Upper East Side record. Developed by Legion Investment Group and Nahla Capital and designed by Studio Sofield the residence spans roughly 9,350 square feet with seven bedrooms, a library, and expansive outdoor space including a rooftop terrace with Central Park views. The milestone underscores continued demand for large, family-scale homes as sales momentum builds at the 26-residence condominium.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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