Manhattan NY Bestreich Realty Group (BRG) arranged the sale of 216 East 50^th St. in Turtle Bay. The final closing price is $3.4 million, equating to $1,030 per s/f. 

Adam Lobel, Hakeem Lecky, Ethan Frank, and Zachary Ziskin of BRG facilitated both sides of the transaction. The seller was East 50^th LLC and the buyers were Ting LLC. 

The 3,303 s/f multifamily was delivered vacant. The property is built 15.58’ x 53’ on four floors and sits on a 15.58’ x 81.5’ irregular lot. 

The property is zoned R86 and features 1,776 additional s/f of air rights. This property is centrally located and benefits from its proximity to a variety of restaurants and stores in the immediate area. It’s located in a prime area and is surrounded by all the amenities that Turtle Bay has to offer.

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