ERG Hired Exclusively to Sell Loft Building on Lower East Side
Summary
While focused on the broader New York City area as a company, ERG also offers specific market knowledge at the submarket level.In addition to assisting property owners and prospective buyers, ERG provides banks, appraisers, attorneys, and accountants with information and skill sets that support them in their respective roles.In addition, a total of 3,600 square feet of air rights is available for further development.The asking price for the property is $5,000,000 and the projected cap rate is 5.25%.While focused on the broader New York City area as a company, ERG also offers specific market knowledge at the submarket level.In addition to assisting property owners and prospective buyers, ERG provides banks, appraisers, attorneys, and accountants with information and skill sets that support them in their respective roles.