Posted: August 8, 2011
Solarz, Anton and Weinberg of Eastern Consolidated represent seller, procure buyer in $6.55 million sale of 4,762 s/f retail condominium at 456 West 19th Street
The 4,762 s/f retail condominium located at 456 West 19th St. and Tenth Ave., across from High Line, has traded for $6.55 million.
Eastern Consolidated executive managing directors Ronald Solarz and Eric Anton with associate director Eric Weinberg represented the seller and procured the buyer, a private, locally-based company.
"Prime location was a major driver in the sale of this condominium. Positioned across from the High Line, a retailer will immediately benefit from foot traffic along this brand new redeveloped urban park." said Solarz.
"West Chelsea is now an established enclave for a wide mix of users, namely upscale galleries, boutiques, restaurants, nightclubs and office tenants in industries ranging from advertising, publishing, media and high tech," said Solarz.
"The 586 s/f community facility with 23.7 ft. of frontage on West 19th St. was purchased along with the retail condo," said Anton. "Both units are situated in a newly finished residential 22-unit luxury condominium constructed and designed by Tamarkin Co."
Attorneys in the sale were: Douglas Gladstone, Esq., of Goldfarb and Fleece LLP for the seller and Larry Mergentime, Esq., of Rosenberg & Estis, P.C. for the buyer.
Founded in 1981, Eastern Consolidated is one of the country's preeminent full-service real estate investment services firms, combining an unrivaled expertise in the greater New York marketplace with a worldwide roster of institutional and private investor clients. Over the years, it has been responsible for the acquisition, disposition and finance of all types of properties, including office and apartment buildings, lofts, factories, hotels, shopping centers, commercial and residential development sites, taxpayers, parking garages and lots, retail condominiums and air rights transfers.
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