Manhattan, NY Investment Property Realty Group (IPRG) brokered the closing of 226 Third Ave. for $10.3 million. This property is located on the corner of East 19th St. and Third Ave. in Gramercy Park. This mixed-use building offers 20 apartments and one retail unit. It is built 46 ft. x 56 ft., offering 12,816 s/f. The building is an, elevator building in Gramercy Park. The IPRG team was able to procure a buyer who closed in less than 60 days, all cash.
226 Third Ave. was sold by the Raymond family to the Paravalos family. IPRG brokers Zachary Ziskin, Adam Lobel, and Justin Zeitchik represented the buyer and seller.
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