Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Massey Knakal Retained Exclusively To Sell Mixed-Use Building In Midtown East

08/12/2014

Massey Knakal Realty Services has been retained on an exclusive basis to sell a mixed-use building at 164 East 61st Street. The property is located between Lexington and Third Avenues in Manhattan’s Midtown East neighborhood.  The asking price is $10,995,000.

The five-story building contains approximately 5,800 square feet and sits on a 20’ x 100.42’ lot.  It consists of a medical space on the ground floor with four full-floor apartments above.  The building underwent a full renovation recently which transformed the property into an ultra-high-end townhouse rental building.  Each unit was designed, renovated, and decorated with thought and luxurious materials, creating the ideal live-work or live-invest opportunity.  Each residential unit is an approximately 1,000-square foot floor-through apartment which boasts high ceilings, oversized windows, and personal washers and dryers.  In addition, the units feature skylights, fireplaces, outdoor space, bay windows and other unique features. 

The medical office space on the ground floor features five exam rooms, a reception and waiting area, and two restrooms.  It was recently renovated as well with high-end finishes and approximately ten-foot high ceilings.

This property is being marketed exclusively by Massey Knakal’s Clint B. Olsen.

Massey Knakal specializes in the sale of investment and user properties in the New York Metropolitan area. Since 1988, our agents have closed over 4,700 transactions having a market value in excess of $19 billion.

www.masseyknakal.com

08/12/2014 - 09:16

Source

Cushman & Wakefield Capital Markets Group New York

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