New York Real Estate Journal

Greenberg and Street of ERG close $2.8 million sale of four-story walk-up; Exclusively represented the property at 138 East 30th Street

January 28, 2013 - Brokerage
ERG Property Advisors has completed the sale of 138 East 30th St. The property is a four-story walk-up located on the south side of East 30th St. between Lexington and 3rd Ave. The building is 12.5 x 50 ft. and located on a 12.5 x 100 ft. lot. The above ground basement has a full-sized kitchen with access to a back porch. The parlor floor has two bedrooms, a new kitchen and bathroom as well as back deck access. Floors 3-5 have five large bedrooms with two containing private bathrooms. There is one large shared bathroom, as well as a kitchen/living room with access to a large back deck. Additionally, there is a powder room, sky lights and Juliet balcony. The property sold for $2.8 million. Andrew Greenberg, senior director of investment sales, and Evan Street, senior associate, exclusively represented the property. ERG Property Advisors is a full-service commercial brokerage company based in New York City. Our core activities are investment sales, mortgage brokerage and direct capital services. While focused on the broader New York City area as a company, ERG also offers specific market knowledge at the submarket level. Beyond core New York City properties, ERG's Retail Division specializes in the disposition of commercial investment real estate property nationally with a focus on freestanding Net-Lease properties. In addition to assisting property owners and prospective buyers, ERG provides banks, appraisers, attorneys, and accountants with information and skill sets that support them in their respective roles. Through strategic alliances with select companies we are able to offer our clients access to mortgage brokerage, direct capital services and investment sales brokerage. Visit www.ergpa.com for recent deals and press coverage. ###