Ralph Sitt Acquires Mixed-Use Property At 711 Madison Ave From Ziggy Rutan For $47M

The property asset involved in the transaction is a mixed-use asset located at 711 Madison Ave, New York. The sale occurred on 12/01/2013, with a transaction amount of $47,000,000.00.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $47,000,000.00
• Address: 711 Madison Ave
• Market: New York
• Buyer: Ralph Sitt
• Seller: Ziggy Rutan
• Brokers: Robert Khodadadian (Skyline Properties)

The key individuals in this deal include the buyer Ralph Sitt and the seller Ziggy Rutan, both of whom played significant roles in the transaction. Robert Khodadadian from Skyline Properties represented the seller in this deal.