CBRE Brokers Robert Shapiro, Ian Brooks, Nicholas Kontos & David Garcia Sell Mixed-use Asset For $2.35M

The mixed-use property located at 223 Madison Street in the Lower East Side has a total of 20 units and spans 10,230 square feet. The property sold for $2,350,000, resulting in a price per unit of $117,500 and a price per square foot of $229.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,350,000
• Units: 20
• Square Footage: 10,230
• Price Per Unit: $117,500
• Price Per Square Foot: $229
• Date of Transaction: 07/07/2026
• Address: 223 Madison Street
• Market: Lower East Side

The transaction involved brokers Robert Shapiro, Ian Brooks, Nicholas Kontos, and David Garcia, all representing CBRE. Their involvement highlights the professional oversight and expertise behind the successful deal.