Lioncub Development Acquires Mixed-Use Property On Madison Avenue For $4.1M

A mixed-use property located at 1320 Madison Avenue in Manhattan has been sold for $4,075,000. The property spans 3,800 square feet and was sold at a price per square foot of $1,072. The transaction took place on April 20, 2022. The buyer, Lioncub Development represented by Andrew Aryeh, acquired the property from the seller, Bremen House Inc. The deal was brokered by John Stewart, Dylan Torey, Kevin Kirschner, and Nick Biedron from Marcus & Millichap.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $4,075,000
• Address: 1320 Madison Avenue
• Market: Manhattan

Andrew Aryeh from Lioncub Development represented the buyer in the transaction, while Bremen House Inc. acted as the seller. The deal was facilitated by brokers from Marcus & Millichap, including John Stewart, Dylan Torey, Kevin Kirschner, and Nick Biedron.