Roy Israel pays $3.9M for Second Ave. mixed-use building in Midtown East

Roy Israel through the entity 977 Second Avenue LLC paid $3.9 million to Aisling Clancy through the entity 977 Second Avenue Realty Corp. for three-unit mixed-use building (S3) at 977 2nd Avenue in Midtown East, Manhattan.
The deal closed on May 6, 2021 and was recorded on May 20, 2021.
The property has 4,460 square feet of built space and 9,534 square feet of additional air rights for a total buildable of 14,000 square feet according to PincusCo analysis of city data. The sale price per built square foot is $874 and the price per buildable square foot is $278 per the PincusCo analysis.
The signatory for Aisling Clancy was Aisling Clancy. The signatory for Roy Israel was Roy Israel.

The former owner according to the Department of Housing Preservation and Development was Alan Clancy, head officer. The business entity was 977 2nd Ave Realty Corp.

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