The Real Deal New York

Atkins & Breskin seeking $28M for East Village building

Residential condo on Third Avenue to be delivered vacant

March 07, 2014 08:30AM
By Hiten Samtani

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47-third

47-53 Third Avenue

Real estate investment firm Atkins & Breskin is aiming to sell an East Village residential condominium for $28 million, according to marketing materials obtained by The Real Deal.

The five-story, 30,662-square-foot building is located at 47-53 Third Avenue, between East 10th and East 11th Streets. The property has 28 one-and-two bedroom apartments and will be delivered vacant, according to the marketing materials from Ariel Property Advisors. It comes with an additional 7,802 square feet of as-of-right air rights. A team led by Ariel’s Victor Sozio and Shimon Shkury is marketing the property on behalf of Atkins. Sozio declined to comment.

Atkins owns a mid-sized portfolio in New York City, including 900 Grand Street in East Williamsburg and 2027 Lexington Avenue in Harlem. Representatives for the firm could not immediately be reached.

  • pcpl

    Don’t get too excited, boys! For the bargain price of $1100/sf you get only the RESI condo, the retail is spoken for.

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