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Brokerage
Posted: January 4, 2008
Zach of Itzhaki Properties brokers $1.4 million development site sale
Itzhaki Properties has completed the sale of an East Harlem Development site.
This sale was brokered by Shay Zach associate broker on behalf of a private owner.
This property is located at 51 & 53 East 128th Street, between Park and Madison Aves.
Consisting of two contiguous vacant lots, the property totals 13,000 s/f.
Selling for $1.4 million, this sale was priced right for both seller and buyer and represented an excellent value for the amount of s/f acquired. This property has great growth potential and possible development plans are in sight for condominium or rental property.
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