HUBB NY pays $10M to Cheltenham Properties LLC for commercial condo in Murray Hill

HUBB NY through the entity 580 Third Ave Retail LLC paid Cheltenham Properties LLC $10.0 million for two commercial condominium units in 155 East 38th Street in Murray Hill. The deal closed on December 19, 2019, and was recorded on January 2, 2020. The transaction consists of 2 parcels, including the tax class commercial condominium unit (R5). The property is 7,961 square feet. The parcel(s) have total development potential of 11,701 square feet.
The average sale price per square foot is $855.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

Share this article