May 22, 2018 – Jonata Dayan, Executive Vice President-Condo/Co-op Sales, and Jonathan Ben-Dayan, Director/Leasing, HSP Real Estate Group, a member of NAI Global, have arranged the sale of a newly converted commercial condominium at the Corinthian, 345 East 37th Street, to Corinthian HB Equities, LLC for $4,044,165. The parcel, totaling approximately 5,037 square feet, is on two floors, comprising 2,400 square feet and 2,637 square feet. In addition, each of the offices is currently occupied by medical tenants with five-year leases.
“The condominiums at the Corinthian are ideal for smaller investors of commercial assets,” points out Ms. Dayan. “They offer an opportunity for the average businessperson to own a ‘piece of the pie’ with minimal risk and the advantage of ongoing tenancies that will provide returns on investment for years to come.”
Representing the condominium sponsor, 345 East 37th Street Property Owner LLC, were Michael Heller and Michael Rudder of Rudder Properties.