123 E. 86th Street

Location:

New York, NY

Acquisition Date:

December 2012

Size:

7,193 square feet

Asset Type:

Retail

Opportunity:

Madison acquired a portfolio of New York City retail assets anchored by Citibank. Each property within the portfolio had significant value-add potential due to the existing below-market leases, investment grade income stream, attractive lease structures, and premiere retail locations. Madison sold the investment in August 2016.