RKF arranges $18 million sale of Upper East Side property

New York — RKF has helped arrange the sale of a 12,250-sq.-ft. property on Manhattan’s Upper East Side at 1151 Third Avenue for $18 million.



RKF Investment Sales & Advisory Services represented the buyer, 1151 Third Avenue LLC, in the transaction. HelmleySpear represented the seller, 201 East 67th Street. The transaction closed in late October.



The property is a five-story commercial building constructed in 1901. Retail tenants include Lucky Brand and Flywheel. Office tenants occupy the upper floors.