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NEW YORK CITY — Eastern Consolidated has completed the $16.5 million sale of two contiguous loft apartment buildings located in the financial district in Downtown Manhattan, New York City. Located at 21-23 Peck Slip and 257-261 Water St., the properties contain seven studios, 10 one-bedroom units and the two-bedroom units. The apartments have the potential for conversion to condominium units. Brian Ezratty and Martin Ezratty of Eastern Consolidated represented the seller, Peck Slip Associates, and Charles Castelli represented the undisclosed buyer, an Italian real estate company, in the transaction.