Brause Realty pays $9M to Andrea Carrai for mixed-use building in Murray Hill

Brause Realty through the entity New Second Avenue Owner LLC paid $9.0 million to Andrea Carrai through the entity Mcs Realty Associates, LLC for four-unit mixed-use building (S4) at 733 Second Avenue in Murray Hill, Manhattan.
The deal closed on December 9, 2021 and was recorded on December 20, 2021.
The property has 3,960 square feet of built space and 12,632 square feet of additional air rights for a total buildable of 16,600 square feet according to PincusCo analysis of city data. The sale price per built square foot is $2,271 and the price per buildable square foot is $541 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The signatory for Andrea Carrai was Andrea Carrai. The signatory for Brause Realty was David A. Brause.

The owners according to the Department of Housing Preservation and Development includes Andrea Carrai, head officer and Edward Carrai, agent. The business entity is Mcs Realty Assoc Llc.
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