Nightingale Properties in contract to buy from Real Estate Equities Corp. mixed-use building in East Harlem
Nightingale Properties through the entity ONH 2226 Third Ave LLC is in contract to pay an undisclosed price to Real Estate Equities Corp. through the entity Reec Third Ave LLC for the mixed-use building (K2) at 2226 3rd Avenue in East Harlem, Manhattan.
The memorandum of contract was signed on May 7, 2021 and was recorded on May 25, 2021.
The property has 33,736 square feet of built space and 155,958 square feet of additional air rights for a total buildable of 189,730 square feet according to PincusCo analysis of city data.
The signatory for Real Estate Equities Corp. was Brandon Miller. The signatory for Nightingale Properties was Elie Schwartz.
Over the past five years, there have been 3 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000.
The original contract was signed July 10, 2020 and amended May 6, 2021, to sell the leasehold estate. The contract “contemplates that the conveyance of the leasehold estate from seller to purchaser will occur on or before January 13, 2025.”
Direct link to Acris document. link
