Deal sheet    Single Deal
66 Madison Avenue|Sales|08/22/2006
  • Event Sales
  • Address 66 Madison Avenue
  • Square feet 9,000
  • Price $ 5,300,000
  • Price per foot $ 588.89
  • Borough Manhattan
  • Neighborhood NoMad
  • Publication Date 10/01/2006
notes
The buyer paid $5.3 million for the retail space in the 13-story residential co-op. One of the four retail tenants is the swingers sex club, Le Trapeze. The leases will expire within the next three years, allowing Centaur to raise the rents. The seller was also the original cooperative conversion sponsor.