Press Release – Cignature Realty Ends 2Q with $23.5 Million Union Square Multifamily Sale
New York, NY – June 22, 2021 – Cignature Realty recently closed a mixed-use multifamily apartment building for $23,500,000. The property, 30 East 14th Street, is a 5-story multifamily building, with a total of 16 apartments and 2 retail stores. The building is located on East 14th Street between Fifth Avenue and University Place in Union Square.
The 20,900 square foot building with 30,725 square feet of air rights sold for approximately $1,124 per square foot.
Cignature Realty’s Lazer Sternhell and Peter Vanderpool represented both the buyer and the seller in this transaction.
About Cignature Realty Associates Inc
Cignature Realty is a commercial real estate brokerage company located in New York City. The Company, a leader in New York Metro multifamily and mixed-use apartment building sales, provides unparalleled deal execution supported by exceptional market intelligence for a broad range of real estate investors, from single-property owners to institutional and private equity funds.
The Cignature Realty team has closed hundreds of commercial real estate transactions and has accumulated multiple awards recognizing their achievements and contributions to the New York real estate industry.
For additional information, please visit www.CignatureRealty.com.
Lazer Sternhell Lazer@CignatureRealty.com
(212) 643-1880 ext 18
Markiya Lee Markiya@DesignMattersInc.com