Adeam Acquires Retail/Office Property On Madison Avenue For $31M

Located at 770 Madison Avenue in the Upper East Side of New York City, this retail/office property was recently sold in a closed transaction. The property, spanning 6,736 square feet, was purchased by Adeam for a total of $31,000,000, resulting in a price per square foot of $4,602.

Summary of transation details

• Property Type: Retail/Office
• Transaction Amount: $31,000,000
• Square Footage: 6,736
• Price per Square Foot: $4,602
• Address: 770 Madison Avenue, New York
• Market: Upper East Side

Galo Shoes was the seller of this property, while Adeam, represented by Hanako Maeda (Adeam designer), acted as the buyer in the deal.