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271 Madison Avenue

Looking Glass Psychology Leases Retail Space At 271 Madison Avenue In Midtown Manhattan For $60/ft
LEASEDRetail

Looking Glass Psychology Leases Retail Space At 271 Madison Avenue In Midtown Manhattan For $60/ft

271 Madison Avenue

$60

$60/SF

Building Size

4,812 SF

Asset Type

Retail

Closing

Apr 22, 2026

AI

The asset involved in this lease transaction is a retail property located at 271 Madison Avenue in Midtown Manhattan. The total square footage of the space is 4,812, with an asking rent of $60 per square foot. The lease type is a Single Net Lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $60/ft
  • Address: 271 Madison Avenue
  • Market: Midtown Manhattan
  • Landlord: Charles Alpert - J.C. Dwight Management
  • Tenant: Looking Glass Psychology
  • Landlord's Representative: Jeffrey Zund & Michael Adler - Resolution Real Estate Partners
  • Tenant's Representative: Max Freudenberger - Meridian Capital Group
  • Lease Type: Single Net Lease

The transaction involved key representatives including the landlord's representatives, Jeffrey Zund and Michael Adler, who are affiliated with Resolution Real Estate Partners. The tenant, Looking Glass Psychology, was represented by Max Freudenberger from Meridian Capital Group, ensuring the interests of the tenant were effectively represented in the deal.

Players

Jeffrey Zund

Resolution Real Estate Partners

Broker

5 deals

Broker

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

264383.33%

Cash-on-Cash

-75561.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93