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207 Madison Street|Sales|06/22/2014
- Event Sales
- Address 207 Madison Street
- Price $ 8,500,000
- Borough Manhattan
- Neighborhood Chinatown
- Publication Date 08/01/2014
- Deal Date 06/22/2014
- Party 1 Madison Realty Capital
- Party 1 Brokerage Besen & Associates
- Party 1 Broker Lev Mavashev
- Party 2 207 Madison Owners
- Party 2 Brokerage Besen & Associates
- Party 2 Broker Glenn Raff
notes
The property sold for $8.5 million. The price represents a capitalization rate of 5.1 percent and a gross rent multiple of 13.2. 6-story apt. bldg, 22 units total