August 4, 2020
Cushman & Wakefield arranged the sale of 419 E. 91st St., a 4,554-square-foot, vacant mixed-use asset on the Upper East Side. The final price was $4,300,000.
A Cushman & Wakefield team of Robert Shapiro, Ian Brooks, Brett Weisblum and Mike Nemirovsky represented the seller.
“This property offered potential owners the unique opportunity to invest in a building that could be transformed into multiple uses,” said Shapiro. “The buyer recognized the property’s strong location and we were able to close the transaction seamlessly at a high price per square foot, even during the pandemic.”
419 E. 91st is a three-story building located between First and York Avenues in the Upper East Side’s Yorkville neighborhood. The property is comprised of two residential units above a commercial unit. It allows for approximately 12,585 buildable square feet as-of-right for commercial use and 16,361 buildable square feet for community facility use.
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