Buvet Fee Owner LLC Acquires Midtown Retail Property For $35M

The retail property located at 429 Seventh Avenue in Midtown has been sold for a price of $35,000,000. The property spans 5,800 square feet and has a price per square foot of $6,000. The transaction involved the buyer, Buvet Fee Owner LLC, and the seller, McDonald's.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $35,000,000
• Address: 429 Seventh Avenue
• Market: Midtown
• Square Footage: 5,800
• Price Per Square Foot: $6,000
• Buyer: Buvet Fee Owner LLC
• Seller: McDonald's

Buvet Fee Owner LLC represented themselves in the transaction, while McDonald's was represented by their broker.