The Reel

Follow us:

A blog for breaking sales and neighborhood real estate news.

A vacant mixed-use building at 254 East 33rd Street located between Second and Third Avenues on the cusp of Manhattan’s Murray Hill/Kips Bay neighborhoods was sold in an all cash transaction valued at $2,200,000.

 The five-story building is 16.67’ wide and approximately 3,584 square feet.  The building was delivered vacant in partially renovated condition. The building currently consists of a commercial unit on the ground floor, five studio apartments, and a one-bedroom duplex apartment. The commercial unit benefits from a private entrance, a full bathroom, and access to an elevated rear patio which creates an ideal layout for a professional tenant. Each unit is separately metered for both gas and electric. The sale price represented $613.83 per square foot.

Click here for press release

Neighborhoods: Murray Hill/ Agents: John Ciraulo