The Reel

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A blog for breaking sales and neighborhood real estate news.

A five-story mixed-use building at 18 East 23rd Street, located on the south side of East 23rd Street between Broadway and Park Avenue South, was sold in an all cash transaction valued at $5,700,000.

The 25 foot wide walk-up building is approximately 9,400 square feet. Built in 1900 and renovated in 1988, the building consists of sixteen free market residential apartments. A retail store occupies the ground floor and basement which has generous ceiling heights. The property’s excellent location across from Madison Square Park and less than one block east of the Flatiron Building make it an attractive place to live, work, and/or invest. The sale price equates to $606 per square foot.

Click here for press release

Neighborhoods: Flatiron/ Agents: John Ciraulo