Lion Cub Development Acquires Mixed-Use Property In Lenox Hill For $4.4M

This mixed-use property located at 1471 1st Avenue in Lenox Hill has been sold for a price of $4,400,000. The transaction took place on October 14, 2021. The property, covering an area of 6,100 square feet, offers a mix of 6 apartments and 1 store. The sale price per square foot was $721.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $4,400,000
• Address: 1471 1st Avenue
• Market: Lenox Hill

The buyer of the property was Lion Cub Development, represented by Andrew Aryeh. The seller was Luellen Goldstein. The deal was facilitated by Zachary Ziskin, Adam Lobel, Justin Zeitchik, Kyle Katz, and Lucas Vitollo from Bestreich Realty Group.

It is worth noting that this fully free-market mixed-use building also has significant air rights for potential future development. For similar property sale inquiries, interested parties can contact [email protected].