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Eastern Consolidated.

Eastern Consolidated is marketing a three-building apartment package at 216 & 218 East 36th Street, on the market for the first time in nearly five decades. The asking price is $6 million. Senior director Adelaide Polsinelli, associate director Robert Khodadadian and senior financial analyst Paul N. Nigido are leading the assignment. The buildings contain 20 rental apartments, including 14 rent-stabilized studios and 6 two-bedroom free-market units totaling 11,190 s/f. Current ownership has recently renovated the buildings' systems. There are over 7,500 s/f of unused air rights associated with the buildings, which may be used for a future development site or potential assemblage. The site is currently zoned for residential use.

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Title Annotation:AGENTS; marketing of Eastern Consolidated Properties Inc's building apartments
Comment:Eastern Consolidated.(AGENTS)(marketing of Eastern Consolidated Properties Inc's building apartments)
Publication:Real Estate Weekly
Article Type:Brief article
Date:Jan 9, 2013
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