Roy Moussaieff pays $4M to Simon Blitz for development site in East Harlem

Roy Moussaieff through the entity Three Three Six LLC paid $4 million to Simon Blitz for the development site (V1) at 336 East 112th Street in East Harlem, Manhattan.
The deal closed on June 30, 2021 and was recorded on July 23, 2021.
The property has a total buildable of 20,184 square feet according to PincusCo analysis of city data. The sale price per buildable square foot is $198 per the PincusCo analysis.
The owner bought the property on 22-Jan-21, for $4 million.
The signatory for Simon Blitz was Simon Blitz. The signatory for Roy Moussaieff was Roy Moussaieff.
(121189873) Plans for a 24-unit, 20,170 square-foot residential R-2 building were filed on September 17, 2015.
Within a 400-foot radius of 336 East 112th Street, PincusCo identified two commercial real estate items of interests occurred over the past 24 months.
One of those two items was a sale which Monadnock Development and Community Preservation Corp. bought an interest in the 14,815-square-foot, 66-unit rental (D3) on 2153 1st Avenue and 37 other properties for $79.3 million from New York City Housing Authority on January 5, 2021.
One of those two items was a loan which Monadnock Development borrowed $289.1 million from New York City Housing Authority secured by the 14,815-square-foot, 66-unit rental (D3) on 2153 1st Avenue and 38 other properties on January 5, 2021.

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