TWO CONTIGUOUS SITES SELL FOR COMBINED $26.25 MILLION

NEW YORK CITY — Eastern Consolidated has brokered the sale of two contiguous sites on the West Side of Manhattan, New York City, for a combined $26.25 million. 433-439 West 37th Street, a parking lot, and 431 West 38th Street, a three-story vacant building and lot, were sold to provide space for construction of an 86,000-square-foot residential rental building. The combined lots contain approximately 125 square feet of frontage. David Schechtman and David Johnson of Eastern Consolidated represented the seller, a private family, in the $19 million sale of 433-439 West 37th Street, and Eric Anton and Ronald Solarz of Eastern Consolidated procured the buyer, 433, LLC. Johnson, along with Ronda Rogovin and Alan Miller of Eastern Consolidated represented the private seller in the $7.25 million sale of 431 West 38th Street, and Anton, Solarz and Schechtman represented the buyer.