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Hastens Acquires Retail Space At 132 Madison Avenue Manhattan From JD Carlisle Development For $6M

Property Image
SOLD
$6,000,000
Dylan Kane
Zach Redding
Sarah Short

New York

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Retail4,514 SF
Sold 12/30/2025
the dealplayerscompscontact
Property Image
SOLD

Hastens Acquires Retail Space At 132 Madison Avenue Manhattan From JD Carlisle Development For $6M

132 Madison Avenue

See Similar Deals
Retail4,514 SF
Sold 12/30/2025
Dylan Kane
Zach Redding
Sarah Short
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$1,329
Total Square Footage:4,514 SF
Transaction Type:Sale

The retail property located at 132 Madison Avenue in Manhattan has a sale price of $6,000,000. It encompasses a total of 4,514 square feet, amounting to a price per square foot of $1,329.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $6,000,000
  • Address: 132 Madison Avenue
  • Market: Manhattan
  • Square Footage: 4,514
  • Price Per Square Foot: $1,329
  • Buyer: Hastens
  • Seller: JD Carlisle Development
  • Broker Representatives: Zach Redding, Dylan Kane & Sarah Short - Colliers

The deal features key contributors including Zach Redding, Dylan Kane, and Sarah Short, representing the interests of JD Carlisle Development as the seller. They facilitated the transaction on behalf of the involved parties within the retail market of Manhattan.

Players

Dylan Kane
Colliers
Dylan Kane
58 deals$2.9B volume(516) 965-7860
BROKER
Zach Redding
Colliers
Zach Redding
54 deals$1.8B volume(570) 574-9015
BROKER
Sarah Short
Colliers
Sarah Short
5 deals$92.4M volume(781) 812-3350
BROKER
Colliers
Colliers
BROKERAGE

Details

SOLD
IMAGE: Zach Redding, Drake, Dylan Kane & Sarah Short DATE: 12/30/2025 ADDRESS: 132 Madison Avenue MARKET: Manhattan ASSET TYPE: Retail BUYER: Hastens SELLER: JD Carlisle Development BROKERS: Zach Redding (@ZRedds), Dylan Kane (@DylanKane1) & Sarah Short (@SarahKateShort) - Colliers (@ColliersInternational) SALE PRICE: $6,000,000 SF: 4,514 ~ PPSF: $1,329

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$319,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$21,316.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,443.06
Annual Debt Service$341,316.73