Plaza 105 (2001)
235-37-39-41-43-45-47 East 105th St, NYC
Torresco Realty was granted an exclusive brokerage for this 11,400 s.f. footprint of contiguous vacant land in 1999. Although our firm was successful in locating a purchaser almost immediately, the contract took effectively 25 months to close. The ownership was riddled with title, lien and tax issues which took a tenacious collaboration among all parties to resolve at closing. The end result is Plaza 105, a 48 unit newly constructed 8 story building which boasts being the first project to mix moderate with fair market price point in East Harlem.
Torresco Realty LLC was the sole broker in this transaction.