12/02/08

Deal
814 Madison Ave
Address
814 Madison Ave
Tenant
Abro Management affiliates
Representative
n/a
Landlord
Madison 68 Corporation of Manhattan
Landlord Representative
n/a
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).
Category:
Commercial
Posted at:
10/06/2008
Price:
$191.8M
Size:

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