Eastern Consolidated senior director Ety Lee represented the seller, while Eastern's Azita Aghravi, senior director, procured the buyer. Paul Nigido was the analyst in the transaction. Attorneys in the transaction included Nesenoff & Miltenberg LLP, who acted for the buyer, while Akabas & Sproule represented the seller.
The portfolio of buildings situated at 315, 317, 319 and 321 Sixth Ave. offers a total of 4,800 sf of prime ground-floor retail space plus 13 decontrolled residential units. "Not surprisingly, this package sold swiftly at an amount commensurate with the very high prices investment properties are fetching in this frenzied market," says Lee, who added that the location definitely drove the sale.
Greenwich Village, a magnet for tourists, is highly sought-after because of its history, bohemian shops and trendy restaurants. "My client plans to upgrade the building and retain is as an income producing asset," says Aghravi.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
