Stenson of Brax Realty sells Murray Hill building for $6.1 million

Manhattan, NY Alan Stenson, Senior Director of Manhattan based Brax Realty is pleased to announce the sale of 27 East 37^th Street in Murray Hill for $6,100,000. Stenson exclusively represented the seller and also procured the buyer. This property was a 5-unit elevator building with all free market tenancy. The +/- 9,000 SF building was located between Park Avenue and Madison Avenue 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/SF.