search

The Real Deal Logo

Trending

City Council approves zoning change to greenlight casinosCity Council approves zoning change to greenlight casinosLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aRent board’s 4% hike will “plunge” buildings into distress: landlordsRent board’s 4% hike will “plunge” buildings into distress: landlords“Investing before the ‘all clear’ sign”: Jon Gray on Blackstone’s $10B apartment deal“Investing before the ‘all clear’ sign”: Jon Gray on Blackstone’s $10B apartment deal
New York

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

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

Sign Up for the undefined Newsletter

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

Tags
CorcoranTamir Shemesh