PROPERTY IN MADISON PARK HISTORIC DISTRICT SELLS FOR $5.6M

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NEW YORK CITY — Ira Lifshutz, an active investor in New York real estate, has acquired a six-story commercial building in the Madison Park Historic District for $5.6 million. The new owner plans to reposition the 11,094-square-foot property into an office building. Ari Schwartz of Eastern Consolidated represented the seller, JYN LLC, in the transaction. Marcia Yawitz and Gabriel Saffioti of Eastern Consolidated represented the seller.

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