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Four-Building Package Could Fetch Over $20M

NEW YORK CITY-The contiguous walk-up apartment buildings on 1343-1347 Second Ave. and 242 E. 71st St., contain 50 residential units and eight commercial stores.

By Natalie Dolce | Updated on September 27, 2007

(Read more on the multifamily market.)

NEW YORK CITY-Four buildings that occupy the southwest corner of Second Avenue and East 71st Street, on Manhattan’s Upper East Side, are up for sale for what a source close to the deal tells GlobeSt.com could fetch in the mid-$20-million range. The contiguous five-story walk-up buildings are located at 1343-1347 Second Ave. and 242 E. 71st St. and contain 50 residential units and eight commercial stores, five of which are situated on Second Avenue.

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