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Barbizon 63 Retail Condos Sold for Over $48M

NEW YORK CITY—The Upper East Side building is owned by Equus Capital Partners which sold the asset to take advantage of market timing, GlobeSt.com has learned in this UPDATE.

By Rayna Katz | Updated on March 19, 2014

NEW YORK CITY—Continuing the new trend of trading retail condominiums, Equus Capital Partners has sold for just over $48 million two such units—totaling 45,000 square feet—at Barbizon 63, the firm’s luxury condominium building at 140 E. 63St., on Lexington avenue, GlobeSt.com has learned in this UPDATE. At the time of the sale, the two units were fully occupied under long-term leases with Equinox and Soul Cycle.

The seller was represented by Clint Olsen and Robert Knakal of Massey Knakal in the transaction. The identity of the buyer was undisclosed.

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