We just got word from Besen & Associates’s Adelaide Polsinelli that she’s brokered a deal to sell 316 East 83rd Street. The five-story prewar walk-up between First and Second Avenues has 20 units and was sold for $4.5 million. The seller was the Punnett Family, and the buyer an LLC.
The units rent for an average of $1,400 per month. Looks like the Upper East Side really does have a good number of apartment deals.