The Reel

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A blog for breaking sales and neighborhood real estate news.

A mixed-use building at 272 Third Avenue, located between East 21st and 22nd Streets in the heart of Manhattan’s Gramercy Park, was sold in an all cash transaction valued at $2,700,000.

The four-story walk-up building is approximately 4,515 square feet and sits on a 21.5’ x 75’ lot. The entire building is net leased to Copper Door Tavern, a well established bar/restaurant. The sale price equates to $598 per square foot.

Click here for press release

Neighborhoods: Gramercy Park/ Agents: John Ciraulo