Peter Howard Of Oxford Property Group Represents Sale Of Historic Midtown Restaurant Building For $14.3M

The property asset involved in the transaction is a retail building located at 3 East 52nd Street in Midtown Manhattan. The sale price was $14,300,000 for a total square footage of 6,825, resulting in a price per square foot of $2,095.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $14,300,000
• Square Footage: 6,825
• Price per Square Foot: $2,095
• Market: Midtown Manhattan

The team of brokers representing the deal includes Peter Howard from Oxford Property Group, Perry Rothenberg from Creative Leasing Concepts, and Joseph Caputo from Exit Realty Premier. This experienced trio executed the sale of the historic Midtown restaurant building, home to La Grenouille since 1962, leveraging their market knowledge and generating multiple offers through a targeted marketing campaign.