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Republic Of Palau Acquires Mixed-Use Property On East 50th St. For $3.73M

409 East 50th Street
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This Mixed-use property located in NY was sold for $3,730,000 over 1 year ago. The broker of the deal was Anthony Celifarco

The mixed-use property located at 409 E. 50th St. in Midtown East has been sold in a recent transaction. The property spans 3,340 square feet and was sold for a price of $3,730,000, resulting in a price per square foot of $1,116.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $3,730,000
  • Address: 409 E. 50th St.
  • Market: Midtown East

The buyer in this transaction is the Republic of Palau, represented by Ilana Seid. The seller is Tommasa Asta. Anthony Celifarco, a broker, facilitated the deal.

Notably, the property will be converted into the new embassy for the Republic of Palau. Anthony Celifarco worked directly with the seller, the President of Palau, and his team of ambassadors and attorneys throughout the transaction.

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Deals
  • Location
    409 East 50th Street409 East 50th Street
  • Sale Price
    $3,730,000$3,730,000
    $1,116 PPSF$1,116 PPSF
  • Area
    3,340 SF3,340 SF
  • Asset Type
    Mixed-useMixed-use
  • Parties
    1 Broker1 Broker

Agent

Anthony Celifarco

Anthony Celifarco

Deals6
Sold$23M

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Deal Summary

SALE IMAGE: Anthony Celifarco DATE: 09/14/2022 ADDRESS: 409 E. 50th St. MARKET: Midtown East ASSET TYPE: Mixed-use BUYER: Republic of Palau - Ilana Seid SELLER: Tommasa Asta BROKER: Anthony Celifarco (@Celi516) SALE PRICE: $3,730,000 SF: 3,340 ~ PPSF: $1,116 NOTE FROM BROKER: The property will be converted into the new embassy for the Republic of Palau. Celifarco worked directly with the seller, the President of Palau and his team of ambassadors and attorneys throughout the transaction.

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