Hastens Acquires Retail Space At 132 Madison Avenue Manhattan From JD Carlisle Development For $6M
132 Madison Avenue
$6,000,000
$1,329/SF
Building Size
4,514 SF
Asset Type
Retail
Closing
Dec 29, 2025
AI
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
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93