Zach and Farchi of Itzhaki handle $19m sale of four-building package

Itzhaki Properties has completed the $19 million sale of 176-182 West 82nd St. The four-building package is located between Columbus and Amsterdam Aves. Shay Zach of Itzhaki represented the seller of the 30,000 s/f building. The building is to be converted to family size condo units. Itzhaki represented both the buyer and the seller in this transaction. The seller, West 82nd Street Holdings, LLC, which purchased the property for $12.3 million in November of 2006 was represented by Zach. The buyer, a foreign entity, was represented by Barry Farchi of Itzhaki.