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

Massey Knakal Sells Upper East Side Townhouse Steps From Central Park

09/26/2012

A single-family townhouse at 7 East 69th Street located just steps from Central Park between Fifth and Madison Avenues on Manhattan’s Upper East Side, was sold in an all-cash transaction valued at $16,000,000.

The six-story townhouse, which many potential buyers planned on substantially renovating, is approximately 7,600 square feet. It features six bedrooms, six full baths, three half-baths and an abundance of living and sitting areas. The property highlights include: an elevator, a large rear garden, a two zone central air system, and front and rear roof decks that offer great sunlight and views of Central Park. The sale price equates to approximately $2,100 per square foot.

“The market is still flush with international buyers who are willing to spend top dollar for premier assets on the most desirable blocks in New York City,” said Massey Knakal First Vice President of Sales Guthrie Garvin.

Massey Knakal specializes in the sale of investment and user properties in the New York Metropolitan area. Since 1988, our agents have closed over 4,200 transactions having a market value in excess of $15 billion.

www.masseyknakal.com

 

09/26/2012 - 13:22

Source

Cushman & Wakefield Capital Markets Group New York

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