Realized Sale
240 East 27th Street
NEW YORK, NY
RMB Advised the Giffuni Family on the sale of the Parc East to Brack Capital
Property TYPE
PARC EAST RENTAL APARTMENT BUILDING WITH RETAIL
Square Footage
348,000 SF including Ground Floor Retail and 325 Apartments on the corner of 2nd Avenue and 27th Street. Parc East AKA 240 East 27th Street AKA 463-479 Second Avenue is the Block Front on Second Avenue between 26th Street and 27th Street in Kips Bay. The property was developed by the Giffuni Family in 1977.
STORY
RMB advised the original builder of the property at 240 East 27th Street to sell the property to Brack Capital for $158,000,000. The property was subsequently sold to EQR (Equity Residential REIT) for $210,000,000.
Building Height
26 Story Elevator Apartment Building with 325 Apartments
Realized Sale
240 East 27th Street
NEW YORK, NY
RMB Advised the Giffuni Family on the sale of the Parc East to Brack Capital
Property TYPE
PARC EAST RENTAL APARTMENT BUILDING WITH RETAIL
Square Footage
348,000 SF including Ground Floor Retail and 325 Apartments on the corner of 2nd Avenue and 27th Street. Parc East AKA 240 East 27th Street AKA 463-479 Second Avenue is the Block Front on Second Avenue between 26th Street and 27th Street in Kips Bay. The property was developed by the Giffuni Family in 1977.
STORY
RMB advised the original builder of the property at 240 East 27th Street to sell the property to Brack Capital for $158,000,000. The property was subsequently sold to EQR (Equity Residential REIT) for $210,000,000.
Building Height
26 Story Elevator Apartment Building with 325 Apartments