Extell Development Company Buys 151-155 East 85th Street From Vornado Realty Trust For $64M

The asset is a mixed-use property located at 151-155 East 85th Street in the Upper East Side. The sale price was $64,000,000, comprising 39 units and 156,425 square feet of space within the Upper East Side market.

Summary of transation details:

• Property Type: Mixed-use
• Transaction Amount: $64,000,000
• Address: 151-155 East 85th Street
• Market: Upper East Side
• Units: 39
• Square Footage: 156,425
• Buyer: Extell Development Company
• Seller: Vornado Realty Trust
• Brokers: Andrew Scandalios, David Giancola, Drew Isaacson & Jennifer Zelko - JLL

The deal was guided by a JLL brokerage team, coordinating the transaction on behalf of the parties involved in this Upper East Side asset.