Madison Avenue Radiology

1820 Madison Avenue, New York, NY
Deal Type:
Sale Leaseback
Cap Rate:
Current Rent:
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
Renewal Options:
Four 5-Year Options at 2% Escalators Through Renewal Terms
Building Sq. Ft.:
7,990 SF
Rent Increases:
2.0% Annually
Site Size:
0.18 Acres

Investment Highlights

  • 15-year lease with annual rent increases
  • Company enjoys substantial market share in Upper Manhattan largely due to a broad base of referring physicians in the uptown area
  • Situated on the ground floor of an 8-story, 37,166-square foot, mixed use, residential and commercial condo building constructed in 2012
  • Company has operated at this location since 2015
  • Tenant has invested millions of dollars in equipment at this location

Listing Agents

Jordan Shtulman

Managing Principal
847 226 4133
Jonathan Wolfe STREAM Capital Partners

Jonathan Wolfe

Managing Principal
312 310 2798

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