1987-91 Third Avenue + 201 East 109th Street, NYC (1988)
4-Story Retail/Commercial Loft Building 29,800 Sq. Ft.
Torresco Realty sold this commercial loft building on an “open listing” circulated throughout the brokerage community issued by the contract vendee seeking quick assign of the contract held.
Torresco was successful in locating an experienced retail developer who was able to sign an immediate agreement and close title forthwith, saving the speculators original contract and deposit.
Torresco Realty LLC was the sole broker in the “assignment of contract” sale.