Repeat business for Royalton on E57th

Real Estate Weekly,  August 1, 2007  

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Royalton Group, Inc this week announced the sale of the elevatored apartment building at 415 East 57th Street.

Royalton represented the owner, Sutton Tower, LLC, when it first purchased the building for $10.3 million in February 2006.

This time around they repped the seller again and achieved a $12.8 million price for the 15,087s/f building.

The property comprises three duplex apartments, 1 triplex apartment and a penthouse quadplex.

One commercial unit occupies 1,496 s/f on the ground floor and basement. All of the apartments and the commrcial space were delivered vacant.

Royalton's Jordan Adoni, Jay Adoni and Gregory Cohen were the brokers involved.

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