News: Brokerage

Josephides of Reilly Mann Newell Realty brokers $2.7 million sale

Reilly Mann Newell Realty Group has sold 214 East 45th St., a one-story 16' x 100' building occupied by a single tenant, The Comfort Diner. The seller, 830 2nd Ave. Corp. had owned the property since 1978. The purchasers, 214 East 45th St. LLC, are investors in well-located retail and mixed - use properties throughout the city. The price was $ 2.7 million. Reilly Mann Newell's salesperson, Costas Josephides, represented both sides. Legal counsel was Harry Shapiro, Esq. for the purchasers and George Magriples, Esq. for the seller.
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