36 East 70th Street BH, LLC Acquires Development Site In Upper East Side For $20.72M

The development site located at 34-36 East 70th Street in the Upper East Side sold for $20,720,000. The property encompasses 12,500 square feet, translating to a price per square foot of $1,657.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $20,720,000
• Address: 34-36 East 70th Street
• Market: Upper East Side
• Buyer: 36 East 70th Street BH, LLC - Danny Golden & Tom Ferrari - F.G. Partners; David Amirian - Amirian Group
• Seller: 36 E. 70th Street LLC - Norman Jemal
• Buyer's Representative: Matthew Lesser - Leslie Garfield
• Seller's Representative: Adam Modlin - Modlin Group

Key individuals involved in the transaction include Danny Golden and Tom Ferrari representing the buyer group F.G. Partners, alongside David Amirian from Amirian Group. The seller, Norman Jemal, was represented by Adam Modlin of Modlin Group, while the buyer's interests were further supported by Matthew Lesser from Leslie Garfield.