Stonehenge51.
NEW YORK CITY- A venture comprised of real estate firmStonehenge NYC, retired Major League Baseball player Alex RodriguezA-Rod Corp and real estate agency the Modlin Group have announcedthe acquisition of 340 East 51st, a 114-unit residential apartmentbuilding in Midtown East. Savills brokered the property sale, whichsold for $66 million or $707 per square foot.
The property, formerly known asthe Allen House, was constructed in 1965. At the time, the LondonFamily who owned the property built it 14 stories tall and havesince rebranded the property as Stonehenge 51.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.
