Acadia Realty Trust Acquires Retail Property At 1165 Madison Avenue For $19.1M
SOLD
$19,100,000
New York
See Similar DealsRetail7,337 SF
Sold 01/29/2026
SOLD
Acadia Realty Trust Acquires Retail Property At 1165 Madison Avenue For $19.1M
1165 Madison Avenue
See Similar DealsRetail7,337 SF
Sold 01/29/2026
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$2,603
Total Square Footage:7,337 SF
Transaction Type:Sale
This retail asset located at 1165 Madison Avenue in the Upper East Side has a sale price of $19,100,000. The property encompasses a total area of 7,337 square feet, translating to a price per square foot of $2,603.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $19,100,000
- Buyer: Acadia Realty Trust & Jeff Kohn - Hilltop RE
- Seller: Miki Naftali & David Hochfelder - Naftali Group
- Broker: Brandon Polakoff - Avison Young
Key individuals involved in this transaction include Acadia Realty Trust and Jeff Kohn representing Hilltop RE as the buyers. On the selling side, Miki Naftali and David Hochfelder were represented by the Naftali Group. The brokerage for the deal was handled by Brandon Polakoff of Avison Young.
Players
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,018,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$67,858.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$90,543.74
Annual Debt Service$1,086,524.93
Is there something missing? Send suggestions