Danny Guo Acquires Mixed-use Property At 77-79 Madison Avenue Manhattan For $3.89M

The property asset involved in this transaction is a mixed-use building located at 77-79 Madison Avenue in Manhattan. The sale occurred for a transaction amount of $3,890,000, encompassing 28 units. The total square footage of the asset is 21,274, resulting in a price per unit of $138,928 and a price per square foot of $182.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,890,000
• Units: 28
• Square Footage: 21,274
• Price Per Unit: $138,928
• Price Per Square Foot: $182
• Buyer: Danny Guo
• Brokers: Robert Shapiro, Ian Brooks, Nicholas Kontos (NYInvestmentSales) & David Garcia - CBRE

This transaction involved key individuals representing the respective parties. Danny Guo is identified as the buyer, while Robert Shapiro, Ian Brooks, Nicholas Kontos from NYInvestmentSales, and David Garcia from CBRE represented the brokerage side of the deal.