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Eastern to sell 240 Madison.

Eastern Consolidated Properties, Inc. has been selected as the exclusive sales agent to sell 240 Madison Avenue. Brian Ezratty, senior vice president at Eastern will direct the marketing and disposition of the property.

240 Madison Avenue is owned and operated by Murray Hill Properties. It is an 80,000-square-foot, 14-story plus penthouse office building that has recently been renovated.

The property is located between 37th and 38th Streets on Madison Avenue, in the heart of the Murray Hill/Grand Central business districts. Its accessibility to all modes of transportation make it a very desirable destination. 240 Madison features 6,000-square-foot floors and offers a prestigious identity for full floor tenants. Currently there are approximately 18,000 square feet available for lease. The property is being offered for $7.5 million cash. It is ideally suited for either a user or an investor.
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Title Annotation:Eastern Consolidated Properties Inc. exclusive sales agent for 240 Madison Avenue, New York, New York
Publication:Real Estate Weekly
Date:May 26, 1993
Previous Article:W&M Properties paying 100% commissions upfront.
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