A group called Fintal Holding S.A. has sold 690 Madison Avenue — the home of the larger of Madison’s two Luca Luca stores — to an entity called Omandis N.V. for an even $50 million.

A spokeswoman for Luca Orlandi, of the eponymous Luca Luca, yesterday confirmed the designer was selling the building and looking to relocate the store to Fifth Avenue.

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