515 Madison Avenue|Sales|01/20/2010 | TRD Research
Deal sheet    Single Deal
515 Madison Avenue|Sales|01/20/2010
  • Event Sales
  • Address 515 Madison Avenue
  • Square feet 340,000
  • Price $ 150,000,000
  • Price per foot $ 441.18
  • Borough Manhattan
  • Neighborhood Plaza District
  • Publication Date 03/01/2010
notes
The Malloy and Sheffer families sold a majority interest of their fee and senior leasehold positions in the building in a transaction that values the property at $150 million, or about $440 per square foot. The purchaser was the controlling party of the previously existing subordinate leaseholds.