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

Manhattan, NY Alan Stenson, senior director of Brax Realty exclusively represented the seller and also procured the buyer in the sale of 27 East 37^th 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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