NoMad Retail Condo on 5th Ave Fetches $23M Sales Price

The 2-story, 8,645-square-foot retail condominium at the base of the 130-unit mixed-use condominium tower at 277 Fifth Avenue has sold for $23 million, or about $2,600 per square foot. Italy NYC LLC has purchased the unit located at the corner of East 30th Street from the joint venture of Victor Nomad LLC and Lendlease. Prior to completing the sale, Valley National bank signed a long-term lease to occupy the ground level corner space.