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Massey Knakal Realty Services.

Massey Knakal Realty Services announced the following transactions:

* The sale of a four-story walk-up apartment building at 332 East 22nd Street in Manhattan's Gramercy Park neighborhood for $3,850,000. The property is set to be demolished to make way for a new six-story, 12-unit residential condominium. The property contains approximately 4,600 square feet. It sold for $836.96 per square foot to a Manhattan developer. Massey Knakal sold the same property back in 2005 for $2,700,000. Chief executive officer John Ciraulo exclusively represented the seller.

* The sale of a vacant, five-story residential building that was once used as a rectory for the pastor and priests of the Order of Saint Basil the Great at 27 East 7th Street in Manhattan's East Village for $4,500,000. The property contains approximately 7,850 s/f and is located in an R7-2 zone. It is in need of a complete rehabilitation. The property sold for $573.25 per square foot to a Manhattan converter. John Ciraulo exclusively represented the seller.
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Title Annotation:SALES
Publication:Real Estate Weekly
Date:Jul 11, 2007
Words:172
Previous Article:ING Clarion Partners, LLC.
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