Chase Bank Branch Garners Manhattan’s Sixth-Highest Price Per Square Foot Since 2023

Net lease real estate advisory and investment platform SURMOUNT has completed a $13-million sale of a Chase Bank branch located at 1295 Madison Ave. in the Carnegie Hill neighborhood. The firm represented both buyer and seller. The 3,000-square-foot ground-floor bank branch traded at a 4.74% cap rate, or $4,300 per square foot. The sale price ... The post Chase Bank Branch Garners Manhattan’s Sixth-Highest Price Per Square Foot Since 2023 appeared first on Connect CRE .