HUBB NYC pays $15M to Citi-Urban Management for UES retail condo

HUBB NYC through the entity 1253 Lexington Ave Retail LLC paid Joshua Halegua’s Citi-Urban Management’s Jonis Realty-Lexington Partners-Llc $14.5 million for 150 East 85th Street in the Upper East Side. The deal closed on December 19, 2019, and was recorded on December 30, 2019. The transaction consists of 1 parcel, including the tax class commercial condominium unit (R5). The property is 9,842 square feet.
The average sale price per square foot is $1,473.

The last time the property sold was March 15, 2007, for $25,150,000.

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

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