Friedland Properties Acquires Mixed-Use Building At 673 Madison Avenue For $36M From Duell Management

The mixed-use property located at 673 Madison Avenue has been sold for $36,000,000. The asset encompasses a total square footage of 9,320, which translates to a price per square foot of $3,862. This transaction took place in the Upper East Side market.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $36,000,000
• Address: 673 Madison Avenue
• Market: Upper East Side
• Square Footage: 9,320
• Price per Square Foot: $3,862
• Buyer: Friedland Properties
• Seller: Duell Management
• Seller's Representatives: Daniel Kaplan & Justin Arzi - CBRE; Darcy Stacom - Stacom CRE

The deal involved key representatives including Daniel Kaplan and Justin Arzi from CBRE, as well as Darcy Stacom from Stacom CRE, who represented the seller in this transaction. Friedland Properties acquired the property from Duell Management.