Sierra Realty Sells Mixed-Use Property At 971 1st Avenue For $7.35M With Brokers Varjan Feinberg Steffani

The property asset involved in this transaction is a mixed-use building located at 971 1st Avenue in Sutton Place, Manhattan. The sale was completed at a transaction amount of $7,350,000, with a total square footage of 14,000 and a price per square foot of $525.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $7,350,000
• Address: 971 1st Avenue
• Market: Sutton Place, Manhattan
• Square Footage: 14,000
• Price per Square Foot: $525
• Seller: Sierra Realty
• Brokerage: Lee & Associates
• Brokers: Chris Varjan, Jonah Feinberg & George Steffani

The deal was facilitated by brokers Chris Varjan, Jonah Feinberg, and George Steffani representing Lee & Associates, ensuring effective negotiations on behalf of Sierra Realty as the seller.