Recent Commercial Real Estate Transactions
By Rosalie R. Radomsky
April 11, 2017
FOR SALE: $15.95 MILLION
155 East 71st Street (between Lexington and Third Avenues)
Manhattan
This 6,400-square-foot, five-story, brick and stone mixed-use townhouse, from the early 1900s in Lenox Hill, has two duplex apartments with a fireplace in each room, as well as a ground floor retail space with a rear garden. Until last year, George Condo, the contemporary artist known for his fractured portraits, leased both duplexes, and painted some of his characters directly on its walls, which were recently painted over. Ceilings run 11 feet high on the second, third and fourth floors; others are about nine feet high. The third floor has a wrought-iron Juliet balcony, and the fifth floor offers a skylight and spiral staircase to the roof. The retail space is now occupied by Angela & J Gallery, whose specialty is Asian antiquities. The building is to be delivered vacant.
Seller: Lexington 71 Corp.
Brokers: Nicholas Judson, Stuart Ellman and Helene Wall Fagan, Judson Realty