Sales | The Real Deal New York

The Real Deal New York

Deal sheet    Single Deal
Sales
  • Event Sales
  • Address 242 East 71st Street
  • Price $ 27,500,000
  • Price per foot $ 34.00
  • Borough Manhattan
  • Neighborhood Lenox Hill
  • Publication Date 03/01/2008
notes
The residential package of 50 apartments and eight stores sold for $27.5 million. The average rent at the properties is $1,237, or $34 per square foot. The property sold with 48,975 square feet of additional air rights, which can support an 82,120-square-foot development with 16,424 square feet of commercial space. Includes 1343-1347 Second Avenue.