Deal sheet    Single Deal
814 Madison Avenue|Sales|08/22/2008
  • Event Sales
  • Address 814 Madison Avenue
  • Price $ 191,800,000
  • Borough Manhattan
  • Neighborhood Lenox Hill
  • Publication Date 10/01/2008
  • Deal Date 08/22/2008
  • Party 1 Madison 68 Corporation of Manhattan
  • Party 2 Abro Management
notes
The rental building sold for $191.8 million. Rents at the property ranged over the past two years from $3,100 for a one-bedroom to $30,000 for a five-bedroom unit, according to StreetEasy. Abro Management also purchased two apartment buildings at 103-109 East 86th Street and 115-119 East 82nd Street for $85 million. In addition, Abro recently sold two apartment buildings at 34 Hillside Avenue and 2 Ellwood Street for $23.1 million and $17.1 million, respectively (see below).
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