Tri Star Equities Acquires Mixed-Use Property In Lenox Hill For $6.2M

Located in Lenox Hill, the mixed-use property at 1026 3rd Avenue has been sold in a closed transaction. The property consists of 5,542 square feet of space and is priced at $6,200,000, resulting in a price per square foot of $1,118. With a building square footage of 17,000, the price per buildable square foot stands at $364. The transaction involved Tri Star Equities as the buyer and Claude Rolo as the seller.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $6,200,000
• Building Square Footage: 17,000
• Price per Buildable Square Foot: $364
• Total Square Footage: 5,542
• Price per Square Foot: $1,118
• Buyer: Tri Star Equities
• Seller: Claude Rolo

Tri Star Equities, represented by their broker, was the buyer in this transaction, while Claude Rolo acted as the seller. The deal has been successfully closed, marking a notable sale in the Lenox Hill market.