NEW YORK, NY – New York-based, Midwood Investment & Development has acquired a 8,500-square-foot, mixed-use building in Manhattan for $17 million.
The acquired property is located at 829 Madison Ave., on the Northeast corner of 69th St. and Madison Ave. in Manhattan's Upper East Side neighborhood.
Midwood Investment & Development plans to renovate the property's ground floor retail space by combining the first and second floors and replacing the storefront on Madison Ave. The property is additionally tenanted by the French bistro Le Charlot at 19 E. 69th St.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
