2071-83 Lexington Avenue, NYC (2001)
Aka 145-7 East 125th Street, NYC
Torresco Realty was engaged as exclusive broker under an agreement requiring strict non-disclosure and a severely restrictive marketing plan. A sale was accomplished within the dictates of our exclusive when Torresco located an investor who needed to fulfill a 1031 Tax Free Exchange. A swift contract signing/closing timeframe mandated by the purchaser was brought to fruition within ten days. The property offers 100’ retail frontage on Lexington Avenue and 60’ frontage on East 125th Street. The 6 story elevator loft building was purchased for upgrade conversion from loft to office building with ground floor retail.
Torresco Realty LLC was the sole broker in this transaction.
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