Livert of Pru. Douglas Elliman sells 733 Ninth Ave. for $4.75 million

In an off the market transaction, 733 Ninth Avenue in Manhattan's Hell's Kitchen neighborhood was sold for $4.75 million to a local bar/restaurant operator. The sale was the first sale of the building in 27 years according to Richard Livert of Prudential Douglas Elliman Commercial Group, who was the sole broker in the transaction. The 21' X 75' building, built on a 100' deep lot was occupied by an animal hospital on the ground floor and by the owner's business on the upper floors, and was delivered vacant. The new owner plans to occupy the ground floor himself. The sellers were the owners of Troma Films, producers of such cult classic horror-comedies as "The Toxic Avenger," and "Class of Nuke 'Em High." Director Lloyd Kaufman and his partner Michael Herz plan to move their offices to Long Island City.