NEW YORK CITY — Eastern Consolidated has brokered the sale of a three-story retail building located at 2202-2210 Third Ave. in New York’s East Harlem. According to property records, the sale price was $5.35 million. The 12,000-square-foot property is currently occupied by Rent-A-Center, whose triple-net lease expires in November 2015. The property also has an additional 17,000 square feet in available air rights. Eastern Consolidated represented both the buyer and the seller. Adelaide Polsinelli and Chad Sinsheimer of Eastern Consolidated represented the seller and managing partner, Joseph Rishty of 2202 Third Ave. LLC, in the transaction. Cliff Schwartz of Schwartz & Blumenstein PC served as legal counsel for the seller, while Jay Yackow, Esq., served as attorney for the buyer.
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