Joseph Chetrit’s townhouse sale led mid-market NYC deals last week

Developer sold East 76th Street property for about $25M

New York /
May.May 18, 2020 07:30 AM
Joseph Chetrit and 118 East 76th Street (Credit: Sylvain Gaboury/Patrick McMullan via Getty Images, Google Maps)

Joseph Chetrit and 118 East 76th Street (Credit: Sylvain Gaboury/Patrick McMullan via Getty Images, Google Maps)

There were two mid-market investment sales in New York City last week: a townhouse on the Upper East Side and a mixed-use building in Greenwich Village. Here are the details:

1. Joseph Chetrit’s Manhattan townhouse sale hit property records on Tuesday. The developer sold 118 East 76th Street on the Upper East Side for slightly less than $25 million, and the deed identifies the buyer only as ZMMSG LLC, an entity tied to a post office box in Midtown. The eight-bedroom property is 32 feet wide and stands six stories tall with an indoor swimming pool and rooftop garden. It initially hit the market in 2017 for $39 million.

2. An LLC based in Boca Raton bought 205 Bleecker Street in Greenwich Village for $10 million from Infinity Real Estate. The six-story mixed-use building spans about 22,000 square feet and contains 40 residential units, according to the city.


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