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NEW YORK CITY — A private Irish investment group has sold a 47-property, net-leased bank branch portfolio in the New York City metropolitan area for $97.2 million. All of the properties, which total 157,000 square feet, are triple-net-leased to Citibank under a long-term lease agreement. The portfolio was sold to Path Land Holdings LLC, an entity owned by a group of individual investors. Citibank leases include an annual rent increase, and the portfolio was sold free of debt or mortgage financing. Savills LLC, a real estate investment firm, advised the seller in the transaction.