Corum Investments Acquires Retail Asset At 591 3rd Avenue In Murray Hill For $6,250,000

The transaction involves a retail property located at 591 3rd Avenue in the Murray Hill market. The sale price of the property was $6,250,000, and it encompasses a total square footage of 5,791. The price per square foot for this transaction amounts to $1,079.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $6,250,000
• Address: 591 3rd Avenue
• Market: Murray Hill
• Buyer: Corum Investments
• Seller: SK Development
• Buyer's Representative: Andrew Berry - Cushman & Wakefield
• Seller's Representatives: Brett Siegel, Maurice Suede & Eric Roth - Newmark
• Square Footage: 5,791
• Price Per Square Foot: $1,079

Key individuals involved in this transaction include Andrew Berry representing the buyer, Corum Investments. The seller, SK Development, was represented by a team consisting of Brett Siegel, Maurice Suede, and Eric Roth from Newmark.