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Brokerage
Posted: July 26, 2022
Zach of Gaia Property Group brokers $21.25 million sale of two UES buildings
Manhattan, NY According to Gaia Property Group, (GPG) Shay Zach closed the sale of two properties located at 413 East 78th St. and 431 East 87th St.
The two properties sold for a total of $21.25 million to a family office as part of a large all-cash 1031 transaction.
“This deal entered into contract on June 13th and closed under three weeks after. I knew we would get top dollars for these mint condition buildings, and we achieved above market pricing for the seller,” said Zach.
Zach, managing partner of GPG, represented the seller, the Lavin Family, with Thomas Gammino of B6. The buyer, Stawski Family Office was represented by Tavivian Group.
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