Carlos Bertaco & Gina Sutt Malul Of JSRE Acquisitions Purchase Retail Asset For $40.54M

A retail asset located at 713 Madison Avenue in Manhattan's Lenox Hill neighborhood was sold. The property has a total square footage of 10,400 and was sold for a total transaction price of $40,536,231, resulting in a price per square foot of $3,898.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $40,536,231
• Address: 713 Madison Avenue
• Market: Lenox Hill, Manhattan
• Square Footage: 10,400
• Price per Square Foot: $3,898

The transaction was facilitated by JSRE Acquisitions, represented by Carlos Bertaco and Gina Sutt Malul, who purchased the asset from seller Naomi Weitzel. The deal was finalized on April 29, 2026.