Eastern Consolidated Negotiates $13M Sale of Vacant Building in Manhattan

NEW YORK CITY — Eastern Consolidated has arranged the sale of a vacant building located at 216 Bowery in Manhattan. The 25-foot wide, 4,900-square-foot property sold for $13 million, or $2,653 per square foot. The property is located within the Little Italy Special District and is a short walk to multiple subway lines, including the J and Z at Bowery and Delancey Street, the 6 at Spring and Lafayette streets, the F at Second Avenue and East Houston, and the N and R at Broadway and Prince Street. Adelaide Polsinelli of Eastern Consolidated represented the buyer, an owner-user, and the seller, an out-of-state owner-user, in the transaction.