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Brokerage
Posted: December 9, 2021
Ferrara of Brax Realty sells vacant retail building for $4.6 Million
New York, NY Michael Ferrara, managing principal of Manhattan based Investment Sales brokerage firm, Brax Realty, announced the sale of a vacant retail building in the Upper East Side. 
The property, 1770 2nd Ave., located between East 92nd St. and East 93rd St. sold for $4.6 Million in an all cash transaction. Ferrara represented both the buyer, a private investor and the seller, a long term family ownership. The property was delivered 100% vacant at closing and consisted of +/- 5,000 s/f plus a full basement. There were no additional air rights available, as they were sold off many years ago.
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