Real Estate Weekly – 333 Rector Place

Matthew Marshall of Marshall Real Estate, LLC, announced the sale of the retail condominium located at 333 Rector Place for $4,600,000. The property was sold by Cohen Equities and purchased by Ascot Properties NYC. The 5,460 s/f ground floor condo is currenlty occupied by a day care with a lease expiration in Fall of 2021. New ownership will either renew the daycare at a new rent or break the space up into smaller spaces to achieve greater replacement rents.

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