Carlos Bertaco & Gina Sutt Malul Of JSRE Acquisitions Buy Retail Property In Lenox Hill For $40M

A retail property located at 713 Madison Avenue in Lenox Hill, Manhattan has been sold. The property spans 10,400 square feet and was transacted for $40,000,000, equating to a price per square foot of approximately $3,846.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $40,000,000
• Address: 713 Madison Avenue
• Market: Lenox Hill, Manhattan
• Square Footage: 10,400 SF
• Price per Square Foot: $3,846
• Buyer: Carlos Bertaco & Gina Sutt Malul - JSRE Acquisitions
• Seller: Olivier Cassegrain

JSRE Acquisitions, under the leadership of Carlos Bertaco and Gina Sutt Malul, has completed the acquisition of the property from seller Olivier Cassegrain. This transaction reflects the active retail market in Lenox Hill.