EASTERN CONSOLIDATED SELLS FOUR-BUILDING PACKAGE

by admin

NEW YORK CITY — David Johnson and Alan Miller of Eastern Consolidated have negotiated the $12 million sale of a four-building package located in the High-Line district in Manhattan, New York City. Located at 197-199 Tenth Ave., the property allows for approximately 25,000 buildable square feet with 50 feet of frontage. The buyer, Peter Moore of PMA Associates, is evaluating the possibility of constructing a boutique hotel, a condominium or both with high-end retail on the ground floor. Eastern Consolidated procured the buyer, and the seller, the Wynne Family, represented itself in the transaction.

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