Avison Young Represents Sale Of Mixed-Use Properties On Upper East Side For $61M
Avison Young brokers deal for $61,000,000 in Upper East Side
150,231 SF
Summary
The recent sale on the Upper East Side involved a mixed-use package deal. The properties that were sold include 418, 422, and 423 East 77th Street, 305, 327, 425, 441, and 442 East 75th Street, 1409 and 1411 York Avenue, 439 East 74th Street, and 309 East 91st Street. The total square footage of the properties is 150,231, and the sale price amounted to $61,000,000. The price per square foot was $405.
Summary of transaction details
- Property Type: Mixed-use (Package Deal)
- Transaction Amount: $61,000,000
- Square Footage: 150,231
- Price per Square Foot: $405
- Market: Upper East Side
- Seller's Representative: James Nelson, David Shalom, Brandon Polakoff, Eric Karmitz, & Bradley Rothschild - Avison Young
Avison Young facilitated the sale of 100% of the shares in four different C corporations as part of this transaction. The involvement of James Nelson, David Shalom, Brandon Polakoff, Eric Karmitz, and Bradley Rothschild from Avison Young was instrumental in the successful completion of the deal.
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