Achille Salvagni Purchases Retail Space At 797 Madison Avenue For $13,500,000 With Brokers David Schechtman & Henry Barnathan

The property asset involved in the transaction is a retail space located at 797 Madison Avenue in the Upper East Side market. The sale price was $13,500,000, with a total square footage of 6,700 and a price per square foot of $2,015.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $13,500,000
• Address: 797 Madison Avenue
• Market: Upper East Side
• Square Footage: 6,700
• Price Per Square Foot: $2,015
• Buyer: Achille Salvagni
• Seller: Theodore Katsihtis
• Brokers: David Schechtman & Henry Barnathan - Meridian Capital Group

This transaction was facilitated by the brokerage team of David Schechtman and Henry Barnathan, who represented the buyer, Achille Salvagni, and the seller, Theodore Katsihtis, in the successful closure of the deal.