The Real Deal New York

An entire Upper East Side condo development for $16M?

December 30, 2013 05:52PM

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From left: Ariel Aufgang, 234 East 70th Street and Tamir Shemesh

Two months after sales launched, a nine-story condominium building in the Upper East Side has hit the market for $16 million.

The building at 234 East 70th Street between Second and Third avenues has two units still available – a penthouse listed for $4.3 million and a floor-through apartment asking $1.9 million. Tamir Shemesh of the Corcoran Group handles the sales of individual units, as well as the sale of the building in full.

The $16 million price tag would put the building at roughly the same value as the sum of its parts. Architect Ariel Aufgang designed the building, which was last sold in 2006 for $3.5 million. Back then, the building was four stories tall.

All units feature keyed elevator entry and most have private outdoor space, Curbed reported.

Last month, Aufgang was tapped to design a 187-unit building at 411 West 35th Street, as previously reported. [Curbed]Mark Maurer

8 Responses to “An entire Upper East Side condo development for $16M?”

  1. December 30, 2013 at 6:59 pm, Elizabeth Perkins said:

    That’s a lot considering the 2 nd Avenue subway is going to be rumbling that whole site once built.

  2. December 30, 2013 at 7:47 pm, Alison Steinman said:

    I heard they had construction issues and cut a lot of corners, probably will have some post construction litigations. Amazing what one might find behind the walls with this Leed Fake Certified building.

  3. December 30, 2013 at 8:39 pm, Daly Thomas said:

    I heard from someone all because they “sold” some units, doesn’t mean they are going to close after they see/ hear about the issues.

    • December 30, 2013 at 8:40 pm, Ellyn Burstyn said:

      What a joke>

  4. January 02, 2014 at 9:34 am, Peter Ettinger said:

    Seems fitting for a slimy project to go to a slimy broker.

  5. January 02, 2014 at 10:30 am, Joyce Colletti said:

    Why would someone sell the building if they only have 2 apartments left. Something is NOT RIGHT

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