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Former Nursing Home Facility Goes Up for Sale

NEW YORK CITY-The Upper East Side 248,000-sf building could go to a variety of users including nonprofits and condo developers.

By Katie Hinderer | Updated on October 12, 2006

NEW YORK CITY-A completely vacant 19-story building on Manhattan’s Upper East Side is up for sale. While the name of the owner is undisclosed, Massey Knakal Realty Services is marketing the 247,617-sf property at 1760 Third Ave.

Shimon Shkury, partner at Massey Knakal, says that while the building has been on the market less than two weeks, there has been a large amount of interest in the building already. “Looking at what is available [in the market] this is one of the only vacant 19-story building that will be available for many years.” He categorizes the interested parties into three types, nonprofits, rental firms and major development companies.

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