RECENT SALE
$2 MILLION
110 Madison Avenue (between East 29th and 30th Streets)
Manhattan
A local real estate investor has bought a vacant 1,850-square-foot ground floor retail condominium in this NoMad 17-story condominium, completed this year. The space, with 14 feet of frontage and nine-foot ceilings, is now being marketed by RKF at about $130 per square foot. Venting for a restaurant could be added.
Buyer: Klosed Properties
Seller: 110 Mad Dev L.L.C.
Broker: Clint Olsen, Cushman & Wakefield
RECENT LEASE
$112/SQ. FT.
$180,000 approximate annual rent
357 Avenue of the Americas (between West Fourth Street and Washington Place)
Manhattan
Sushi Katsuei, a Japanese restaurant in Park Slope, Brooklyn, has taken a 10-year lease for a second location set to open early this spring in a 1,600-square-foot ground floor space, with an 800-square-foot storage basement, in this four-story mixed-use West Village building. The previous tenant was Soto, also a sushi restaurant.
Tenant: Sushi Katsuei
Tenant’s Broker: Sagirah Abraham, Capital Real Estate Advisors
Landlord: 357-359 Ave. Associates, L.L.C.