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L3 Capital LLC

Started in 2009, after the subprime real estate bubble burst and the global recession had just kicked in, L3 Capital LLC could have been a complete disaster story. However, under founder and director Domenic Lannis leadership it has thrived.
L3 Capital has real estate assets in San Francisco, Los Angeles, New York, Boston, and its home base in Chicago, where it is located at the famed Wrigley Field. The firm focuses on prime urban retail and mixed use assets, primarily in the $10 million to $100 million range. Many of its investments are made on the assumption of a 3 to 5 year appreciation, though it does hold some properties longer.
Most of the properties it targets are in the high-end neighborhoods of cities, such as Beverly Hills, Manhattans SoHo, and Chicagos Southport corridor. For some of its deals, L3 Capital has focused on larger portfolios, sometimes via partnerships with other investment firms, family offices, and institutional investors.

  • Event Sales
  • Address 1128 Third Avenue
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Square feet 5,309
  • Price $ 9,500,000
  • Price per foot $ 1,789.41
The property sold for $9.5 million.