In 2015, after a decade of ownership and stewardship The Sapir Organization, in partnership with CIM Group, closed the sale of 11 Madison to SL Green for $2.6B, which was a record price for any single asset transaction in the American real estate market.

AERIAL VIEW OF MADISON SQUARE PARK

11 Madison full building corner photography.

Year Built

1932

Current Area

2,300,000SF

Architect

Corbett & Waid

Number of Floors

30

Located in Manhattan’s Midtown South neighborhood on a full city block between Park Avenue South and Madison Avenue. 11 Madison is adjacent to the vibrant Madison Square Park and is within steps of many of the fine restaurants and shopping locations.

Top-down view of 11 madison

Previous Asset

50 Murray

50 Murray Street and 53 Park Place are two mixed-use adjoined parcels with multi-level retail and 504 high-end residential rental units.