EPIC Commercial Realtyis pleased to announce the sale of 50-56 Manhattan Avenue, a mixed-use building in Upper West Side.

Located on the northeast corner of Manhattan Avenue and West 102nd Street, the property is a six-story elevator mixed-use building comprised of three commercial units and forty nine apartments. Built to 42,783 square feet, the property was sold at a record breaking price: $603 per square foot, which is almost double the average sale price per square foot in the area. According to EPIC Commercial Realty Associate Broker, Ido Tzaidi, and Investment Sales Associate, Anthony Celifarco, "It was a challenge to get this deal done, but with productive negotiations and great client relations we were able to make it happen. Our goal is to always facilitate a smooth transaction between all parties involved."

Upper West Side in Manhattan is a sprawling, vibrant, richly diverse section of the city. It has experienced rapid residential development and has grown increasingly popular in the past two decades, attracting everyone from young professionals looking to rent apartments, to established families seeking to buy condos. The neighborhood boasts a wide variety of types of buildings: ranging from the full-amenity contemporary high rise towers to the old pre-war buildings. Upper West Side is home to many of New York City's great cultural and educational institutions. It is also filled with boutique and chain stores, supermarkets, and fine-dining restaurants. The neighborhood is conveniently served by MTA [1,2,3,A,B,C] trains and local bus routes.

EPIC Commercial Realty sold 50-56 Manhattan Avenue for $25,800,000. Associate Broker, Ido Tzaidi, and Investment Sales Associates, Anthony Celifarco, represented both the seller and the buyer.

About EPIC Commercial Realty

EPIC Commercial Realty is a full-service commercial investment brokerage firm that provides comprehensive and innovative real estate solutions to investors, property owners, and corporations worldwide. EPIC Commercial Realty is dedicated to continuously developing dynamic relationships resulting in increased capital beyond the expectation of our clients. Through such principles as integrity and hard work, we strive to develop into an esteemed commercial investment resource for property owners, investors, and corporations worldwide.