Peter Kriemler's Akris Acquires Retail Property On Upper East Side For $40.6M

Located at 772 Madison Avenue on the Upper East Side, this retail property was recently sold in a closed transaction. The property spans 5,524 square feet and was sold for a total price of $40,600,000, resulting in a price per square foot of $7,350.

Summary of Transaction Details:

• Property Type: Retail
• Transaction Amount: $40,600,000
• Address: 772 Madison Avenue
• Market: Upper East Side
• Buyer: Peter Kriemler - Akris
• Seller: Harrison Sitomer - SL Green
• Brokers: Daniel Kaplan, Doug Middleton & Justin Arzi - CBRE

Representing the buyer in this transaction is Peter Kriemler from Akris, while Harrison Sitomer from SL Green acted as the seller. The deal was facilitated by brokers Daniel Kaplan, Doug Middleton, and Justin Arzi from CBRE. The sale price and square footage mentioned earlier were key factors in this transaction.