Corum Asset Management Acquires Condo At 591 3rd Avenue From CB Developers And Scott Shnay For $6.2M

Corum Asset Management acquired a retail condo located at 591 3rd Avenue in the Murray Hill neighborhood of Manhattan. The transaction was completed at a sale price of $6,200,000. The property encompasses a total area of 5,867 square feet, resulting in a price per square foot of approximately $1,057.

Summary of transation details:

• Property Type: Condo
• Transaction Amount: $6,200,000
• Square Footage: 5,867
• Address: 591 3rd Avenue
• Market: Murray Hill, Manhattan
• Seller: CB Developers & Scott Shnay - SK Development
• Buyer: Corum Asset Management
• Price Per Square Foot: $1,057
• Closing Date: March 20, 2026

Scott Shnay of SK Development represented the seller in this transaction, working alongside CB Developers. The deal reflects a strategic investment in a prime retail location within a competitive market.