Kinsey Capital Negotiates $18.5 Million Sale of Retail Property in Manhattan

by Katie Sloan

New York City — Kinsey Capital has arranged the sale of a retail property located at 730 Lexington Ave. in Manhattan’s Midtown East neighborhood.

An affiliate of Ashkenazy Acquisition Corp. acquired the 4,111-square-foot property from The Aldo Group for $18.5 million, or $4,500 per square foot. Brent Glodowski of Kinsey Capital was the sole broker in the transaction.

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