Mixed-Use Redevelopment At 49 East 78th Street Sold For $10.8 Million In Lenox Hill

The property asset involved in this transaction is located at 49 East 78th Street in the Lenox Hill market. It is classified as a mixed-use/redevelopment asset with a total sale price of $10,800,000. The building encompasses a square footage of 10,870, resulting in a price per square foot of $993.

Summary of transaction details:

• Property Type: Mixed-Use/Redevelopment
• Transaction Amount: $10,800,000
• Address: 49 East 78th Street
• Market: Lenox Hill
• Square Footage: 10,870
• Price per Square Foot: $993

The key individuals involved in this transaction are brokers John J. Stewart and Dylan Torey, who represent the seller in this deal through Marcus & Millichap.