1039, 1041, and 1045 Madison Avenue

 
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February 21, 2018

IMAGE: Lori Buchbinder, Brandon Charnas ( @BCharnas ) , Adam Henick ( @AdamHenick ), and Miki Naftali ( @MikiNaftali )
ADDRESSES: 1039, 1041, and 1045 Madison Avenue
CITY: New York
MARKET: Manhattan
CROSS STREETS: 79th & Madison Ave
ASSET TYPE: Mixed Use – Future Development site
TOTAL PRICE: $69,950,000; $26,000,000, $21,150,000, and $22,800,000
BSF: (total: 46,380) 15,400 sf; 15,400 sf; 15,580 sf
PPSF: $1,688; $1,373; $1,463
SELLER: Zohar Ben-Dov ( @Zbendov ) and Buchbinder & Warren’s Lori Buchbinder ( @lori_buchbinder ), Albert Monasebian, Josef Bildirici, and James Daniels
BUYER: @Naftali_Group’s Miki Naftali & David Hochfelder ( @DavidHochfelder )
BROKER: Brandon Charnas and Adam Henick of Warwick Capital Management
DATE: 02/16/2018
NOTE: The Naftali Group has purchased the third and penultimate building in its planned assemblage on the Upper East Side.