Maddd Equities Acquires Bronx Office Building For $44M

The property involved in this transaction is an office located at 825 E 141st Street in the Bronx, New York. The property has a total square footage of 235,000 square feet. The transaction took place on 03/03/2023.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $44,000,000
• Price per Square Foot: $187
• Buyer: Maddd Equities
• Seller: Altmark Group, Bluestone Group & Galil Management
• Brokers: Steven Rutman, Harry Hochman, Vickram Jambu, Andrew Scandalios, & Luca Cobucci - JLL

The deal was facilitated by a team of brokers from JLL, including Steven Rutman, Harry Hochman, Vickram Jambu, Andrew Scandalios, and Luca Cobucci. They represented both the buyer, Maddd Equities, and the seller, Altmark Group, Bluestone Group, and Galil Management.