Anonymous buyer pays $4.7M for mixed-use in Grand Central, 37% below 2017 price

The anonymous entity 141 E 45th LLC paid Thomas Ryan’s SKMJ 45th Street LLC $4.7 million for 141 East 45th Street in Grand Central. The deal closed on March 1, 2021 and was recorded on March 10, 2021. The transaction consists of 1 parcel, including the tax class retail building with apartments above (K4). The property is 5,468 square feet. The last time the property sold was May 3, 2017, when SKMJ 45th Street LLC bought it for $7.5 million. That represents a $2.8 million or 37 percent decline in sale price.
The average sale price per square foot is $860. The signatory for the buyer was the attorney Andrew W. Albstein.

The contract date was January 26, 2021. The buyer entity is in care of Friedland Properties.
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