Continuum Company sells condo for $12.4M Flatiron

Steven Berkson paid $12.4 million to Continuum Company through the entity 45 East 22nd Street Property LLC for a condo (SC) unit at 45 East 22nd Street in Flatiron, Manhattan.
The deal closed on June 11, 2021 and was recorded on June 25, 2021.
The property has 4,662 square feet according to PincusCo analysis of city data. The sale price per built square foot is $2,670 per the PincusCo analysis.
The signatory for Continuum Company was Ian Bruce Eichner.
(121332986)The DOB issued a new construction (NB) initial temporary certificate of occupancy for the building with 83 residential units on June 26, 2020.
Ian Bruce Eichner is the founder of the Continuum Company.
There was a condominium project filed with the address 45 East 22nd Street and the name 45 East 22nd Street Condominium on January 14, 2014. The principals of the sponsor, 45 East 22nd Street Property Llc, were Ian Eichner, Constantine Dakolias, and Daniel Neidich. link
Within a 400-foot radius of 45 East 22nd Street, PincusCo identified 13 commercial real estate items of interests occurred over the past 24 months.
Of those 13 items, four were for major renovations including a certificate of occupancy change. They were one permit application with a total initial cost of $105.9 million and three permits with a total initial cost of $110.0 million. The most recent of these four items was the permit on January 26, 2021 for a 1,256,360-square-foot B building with no residential units at 1 Madison Avenue.
One of those 13 items was a sale which Portfolio3, LLC bought the 7,500-square-foot, five-unit mixed-use building (K4) on 46 East 21st Street and two other properties for $17.1 million from Gregory Hall on January 5, 2021.
Of those 13 items, eight were loans above $5 million totaling $197.0 million. The most recent of the eight was Doron Markowitz which borrowed $5.0 million from New York Community Bank secured by the 14,840-square-foot, 26-unit rental (D3) on 21 East 21st Street on June 23, 2021.

Direct link to Acris document. link