Lefkovits and Florek of HPNY close $9.2 million sale of 197 Madison

Manhattan, NY Sean Lefkovits and John Florek of HPNY closed on a $9.2 million off-market sale of 197 Madison St. in the Chinatown neighborhood. The six-story corner mixed-use walk-up building consisting of 20 apartments and four stores is located on the northwest corner of Rutgers St. The building contains 11,300 s/f and traded for $800 per s/f. The layout of apartments are all two-bedroom units. The seller of property was 197 Madison LLC. The purchasing entity was Madison Holdings LLC.

Lefkovits and Florek represented both sides of the transaction.

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

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