RybakDev Acquires 4 Building Dev Site On Upper East Side For $23M

A 4-building development site located at 331-337 East 82nd Street in the Upper East Side has been sold for a staggering $23,000,000. The buyer, identified as @RybakDev, acquired the property from Sean Lavin, who represents the Townhouse Property Group. The site, which comprises 35,800 square feet, has a price-per-square-foot value of $642. The deal was facilitated by Shay Zach from epic.commercial.realty.

Summary of transaction details

• Property Type: Dev Site
• Transaction Amount: $23,000,000
• Address: 331-337 East 82nd Street, Upper East Side
• Market: Upper East Side
• Seller: Sean Lavin - Townhouse Property Group
• Buyer: @RybakDev
• Broker: Shay Zach - epic.commercial.realty
• BSF: 35,800
• PPBSF: $642

Sergey Rybak captured an image of the property on 01/19/2019, providing a visual representation of the prime development site. This transaction signifies a significant investment opportunity in the desirable Upper East Side market.