W Brothers, The Altmark Group, And The Blenden Group Acquire Mixed-Use Building On Madison Ave For $37M

The mixed-use property located at 766 Madison Ave in Manhattan, New York, has been sold for a total price of $37,000,000. The property spans 6,024 square feet with a total buildable square footage of 16,000.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $37,000,000
• Address: 766 Madison Ave, New York, Manhattan

The seller of the property is James Rice, while the buyer is W Brothers in a joint venture with The Altmark Group and The Blenden Group. The deal was facilitated by Jeremy Nazarian and Itan Rahmani of Venture Capital Properties.