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.
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Neighborhoods: Gramercy Park/ Agents: John Ciraulo