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126 Madison Avenue

France & Son Acquires Retail Space At 126 Madison Avenue For $2.525M From JD Carlisle Development
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France & Son Acquires Retail Space At 126 Madison Avenue For $2.525M From JD Carlisle Development

126 Madison Avenue

$2,525,000

$740/SF

Building Size

3,410 SF

Asset Type

Retail

Closing

Mar 31, 2025

AI

The property asset involved in the transaction is located at 126 Madison Avenue in the NoMad market. This retail asset spans 3,410 square feet and has a sale price of $2,525,000, resulting in a price per square foot of $740.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,525,000
  • Address: 126 Madison Avenue
  • Market: NoMad
  • Square Footage: 3,410
  • Price Per Square Foot: $740
  • Buyer: France & Son
  • Seller: JD Carlisle Development
  • Buyer's Representative: Jane McVerry & Matt Cohen - Sinvin Real Estate
  • Seller's Representatives: Sarah Short, Matt Mastrocola, Zachary Redding & Dylan Kane - Colliers

Key individuals in this transaction include buyer representatives Jane McVerry and Matt Cohen from Sinvin Real Estate, while the seller was represented by Sarah Short, Matt Mastrocola, Zachary Redding, and Dylan Kane from Colliers, showcasing a collaboration of multiple professionals in the real estate market.

Players

Dylan Kane

Colliers

Broker

$2.9B

vol

58 deals

Broker

New York Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.28%

Cash-on-Cash

-1.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93