The $28.5 million sale of four adjacent parcels of vacant land in Gramercy Park led New York’s mid-market investment sales last week. Other deals included the $27 million purchase of three multifamily buildings in Brooklyn and the $26 million purchase of a Long Island City garage. Here are the details: Minrav Development purchased 305-311 First Avenue in Manhattan’s Gramercy Park from CIM Group for $28.5 million. All four of the adjacent parcels are vacant, and
source https://therealdeal.com/2020/02/18/gramercy-park-dev-site-leads-new-yorks-mid-market-investment-sales/
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