New York City · Commercial sale

841 Madison Owner buys 841 Madison Avenue Unit Comm in Manhattan for $57 million

A retail condominium at 841 Madison Avenue Unit Comm, Manhattan sold for $57,000,000 on September 9, 2026. See the seller and buyer net sheets for this.

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Automated sale report from public sales records · How we make these · Published October 27, 2026

Sold September 9, 2026 · New York, New York

Listing photo 1 of 841 Madison Avenue Unit Comm, Manhattan — Listing photo: Zillow. See the full listing on Zillow.

Listing photo: Zillow. See the full listing on Zillow.

Sale price: $57,000,000
Sold: September 9, 2026
Property type: Retail condominium
Building area: 18,877 sq ft
Year built: 1927

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgSeptember 9, 2026

Seller's estimated net sheet

841 Madison Avenue Unit Comm, Manhattan

Sale price	$57,000,000
Prorations
Property tax proration (refund to seller)	$757,553.42
Title and settlement
Settlement / closing fee	$250
Seller's attorney fee	$1,500
Transfer taxes and recording
NY State real estate transfer tax	$228,000
NY State additional transfer tax (NYC non-residential $2M+)	$142,500
NYC real property transfer tax (commercial/other)	$1,496,250
Other costs
Wire / courier / payoff processing	$75
Total deductions	$1,868,575
Estimated net to seller	$55,888,978.42

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NetSheet.orgSeptember 9, 2026

Buyer's estimated net sheet

841 Madison Avenue Unit Comm, Manhattan

Purchase price (cash)	$57,000,000
Title and settlement
Owner's title insurance policy	$166,667.55
Settlement / closing fee	$250
Buyer's attorney fee	$2,000
Transfer taxes and recording
Deed recording fee	$250
Prorations
Reimburse seller for prepaid taxes	$757,553.42
Closing costs and prepaids	$926,720.97
Estimated cash to close	$57,926,720.97

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What these figures assume

No brokerage commission is shown: commissions on commercial deals vary and are not in the public record.
The seller figure is before any loan payoff.
The buyer side assumes a cash purchase with no financing.
Annual property tax estimated at 1.65% of price ($940,500).
Title and settlement fees are typical estimates, not quotes.

Selling in Manhattan?

New York City transfer tax and closing costs

A retail condominium at 841 Madison Avenue Unit Comm in Manhattan sold for $57,000,000. The sale closed on September 9, 2026. The New York City Department of Finance's ACRIS property records show the deal.

The record lists VZW Nyc Acquisition Group, LLC as the seller. It lists 841 Madison Owner LLC as the buyer.

The NYC Department of Finance's records show 18,877 square feet of building area. They also show a build year of 1927.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in New York City?

By our estimate, the seller's two largest charges, not counting prorations, were $1,496,250 for the nYC real property transfer tax (commercial/other) and $228,000 for the nY State real estate transfer tax. Who pays what follows New York City custom.

How much did the seller net?

By our estimate, the seller netted about $55,888,978. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $57,926,721 at closing. That covers the full price and closing costs.

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841 Madison Avenue Unit Comm, Manhattan, NY.

Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026091500732003. Property details: NYC Department of Finance. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.