Stenson of Brax Realty closes five-unit building for $6.093 million

June 11, 2024 - Front Section

Manhattan, NY Alan Stenson, senior director of Brax Realty exclusively represented the seller and also procured the buyer in the sale of 27 East 37th St. in Murray Hill for $6.093 million.

This property is a five-unit elevator building with all free market tenancy.

The 9,000 s/f building is located between Park and Madison Aves. and had tax class 2A protection. This was the first time the property traded hands in many years and was purchased by a local investor.

The building sold for $677 per s/f.

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