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

Property Image
SOLD
$36,000,000
Justin Arzi
Darcy Stacom
Daniel (Dan) Kaplan

New York

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Mixed-use9,320 SF
Sold 09/17/2024
the dealplayerscompscontact
Property Image
SOLD

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

673 Madison Avenue

See Similar Deals
Mixed-use9,320 SF
Sold 09/17/2024
Justin Arzi
Darcy Stacom
Daniel (Dan) Kaplan
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$3,862
Total Square Footage:9,320 SF
Transaction Type:Sale

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.

Players

Justin Arzi
CBRE
Justin Arzi
38 deals$1.2B volume(212) 984-7142
BROKER
Darcy Stacom
Stacom CRE
Darcy Stacom
30 deals$8.6B volume
BROKER
Daniel (Dan) Kaplan
CBRE
Daniel Kaplan
55 deals$1.7B volume
BROKER

Details

SOLD
IMAGE: Darcy Stacom, Daniel Kaplan, William Friedland & Justin Arzi DATE: 09/17/2024 ADDRESS: 673 Madison Avenue MARKET: Upper East Side ASSET TYPE: Mixed-use BUYER: Friedland Properties SELLER: Duell Management SELLER'S REP: Daniel Kaplan (@DKap24) & Justin Arzi (@Arzigram) - CBRE (@CBRE); Darcy Stacom - Stacom CRE SALE PRICE: $36,000,000 SF: 9,320 ~ PPSF: $3,862

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