Ofir Badash & Itay Gamlieli Acquire Mixed-use Buildings At 1410-1412 Madison Avenue & 122 East 91st Street For $9.3M

The transaction involved a mixed-use property located at 1410-1412 Madison Avenue & 122 East 91st Street in the Carnegie Hill market. The sale price was $9,300,000, with a total square footage of 24,809, resulting in a price per square foot of $374.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $9,300,000
• Square Footage: 24,809
• Price per Square Foot: $374
• Buyer: Ofir Badash & Itay Gamlieli - Avenues Equity Partners
• Buyer's Representative: Max Ralby - Newmark
• Buyer & Seller's Representative: Josh Lipton - Invictus
• Date of Transaction: 12/30/2024

Ofir Badash and Itay Gamlieli from Avenues Equity Partners expressed their gratitude towards the Invictus team and Max Ralby for their team effort in overcoming challenges throughout the deal process. Avenues Equity Partners continues to actively seek value-added opportunities in Manhattan.