The Reel

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A blog for breaking sales and neighborhood real estate news.

A mixed-use building at 1553 Second Avenue, located on the west side of Second Avenue between 80th and 81st Streets on Manhattan’s Upper East Side, was sold in an all cash transaction valued at $2,750,000.

The four-story walk-up property is approximately 4,447 square feet and contains one commercial unit on the ground floor that was delivered vacant and three Free Market residential units above. There are approximately 10,620 square feet of air rights remaining. The sale price equates to $618.39 per square foot.

Click here for press release.

Neighborhoods: Upper East Side