Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Cushman & Wakefield Arranges $17.5M Sale of 833 Madison Avenue

Jayden Lapin-Tatman • 11/11/2022

New York, NY – Cushman & Wakefield announced today that the real estate services firm has arranged the sale of a 9,302-square-foot, mixed-use property located at 833 Madison Avenue. The final sale price was $17,500,000.

Cushman & Wakefield’s Hunter Moss represented the seller, A. L. Holdings, Inc., in the transaction. A CBRE team led by Daniel Kaplan represented the buyer, Myles Madison, Inc.

“833 Madison presented the rare opportunity to acquire a premier mixed-use asset in one of the most prestigious retail corridors in the world,” said Moss. “Despite financing being a challenge, we were able to lead a highly competitive marketing process where we saw significant interest in the property and received multiple all cash offers. This sale is evidence that buyers are confident in Madison Avenue’s recovery.”

833 Madison is a 32-foot wide, five-story building comprised of two retail units, one office unit, two gallery units and six residential units. This purchase represents the completion of an assemblage of properties spanning 123 feet along Madison Avenue for the buyer.

The property is located in the heart of the Upper East Side, surrounded by an array of retail, dining and entertainment options. The asset located within walking distance to the 4, 5 and 6 trains and is within a 20-minute drive to LaGuardia Airport.

A photo of the property can be downloaded here.

About Cushman & Wakefield 

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and approximately 60 countries. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, and valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake External Link on Twitter.

Interested in learning more?

Get in touch and we can assist with any additional information you need.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on  Cookies

More Options
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS