The Reel

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A blog for breaking sales and neighborhood real estate news.

A  four-story vacant building at 237 East 77th Street, located on the north side of East 77th Street between Second and Third Avenues on the Upper East Side, was sold in an all cash transaction valued at $2,700,000.

Formerly a carriage house, this building was later configured as a gallery downstairs and an apartment on the upper floors. Most recently it was used as a non-residential service center for homeless people. The building is approximately 5,629 square feet and sits on a 25’ x 102.17’ lot.  The sale price represented approximately $480 per existing square foot and $264 per buildable square foot.

Neighborhoods: Upper East Side