NEW STREET REALTY ARRANGES THE $2.7 MILLION SALE OF COMMERCIAL CONDOMINIUM IN EAST HARLEM
FOR IMMEDIATE RELEASE
New York, NY – July 22, 2013 - New Street Realty Advisors, LLC is pleased to announce that APNA Realty, Inc. has purchased the 6,449 square foot ground floor commercial condominium at the Lancaster Madison, a newly developed 40,803 square foot mixed-use development located at 1820 Madison Avenue, New York, NY.
The commercial condominium is fully leased to The Institute for Family Health and Madison Imaging Resources.
The New Street Realty Advisors team of Matthew Gorman, Joshua Gettler and Joshua Kaufman represented the seller, Lancaster Madison Associates, LLC, a Bluestone Organization company, and the buyer, APNA Realty, Inc. on this transaction.
The sale of 1820 Madison Avenue represents the latest in a slew of deals that New Street has arranged in East Harlem, including, Taino Pharmacy, The Institute for Family Health, Madison Imaging Resources, Standing Tall, Triumph Physical Therapy, Harlem Children’s Zone, The Archdiocese of New York, The Catholic Health Care System and Physical Therapy Group of Harlem. “It is clear that the growing residential population in East Harlem is clearly demanding these medical and community facility tenancies and we are proud to be instrumental in bringing them to the market” said Matthew Gorman.
New Street Realty Advisors, LLC is a New York City based real estate brokerage firm with niche focuses on retail leasing and investment sales.
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For additional information, please contact:
Matthew J. Gorman