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

770 Madison Avenue
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This Retail property located in NY was sold for $31,000,000 over 5 years ago.

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.

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Deals
  • Location
    770 Madison Ave, New York, NY 10065, USA770 Madison Ave, New York, NY 10065, USA
  • Sale Price
    $31,000,000$31,000,000
    $4,602 PPSF$4,602 PPSF
  • Area
    6,736 SF6,736 SF
  • Asset Type
    RetailRetail

Deal Summary

IMAGE: Hanako Maeda (Adeam designer) DATE: 08/20/2018 ADDRESS: 770 Madison Avenue CITY: New York MARKET: Upper East Side ASSET TYPE: Retail/ Office PRICE: $31,000,000 SF: 6,736 PPSF: $4,602 SELLER: Galo Shoes BUYER: Adeam

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