EJS Group has acquired 1303-1309 Third Ave., a premier corner development site on New York City’s Upper East Side.
The sales price was $32.325 million, and the seller was Gastonia.
The assemblage, located at the southeast corner of Third Avenue and E. 75th Street, provides a unique development opportunity with more than 150 feet of wraparound frontage. The site is ideally positioned for a developer seeking to build in the heart of one of Manhattan’s most desirable and established neighborhoods.
The property is within walking distance to major attractions and amenities, including Central Park, world-class museums, leading hospitals, premier schools, fine dining and shopping. It is located in close proximity to the Q, 4, 5 and 6 subway lines, providing direct access to Midtown and the rest of Manhattan.
“1303-1309 Third Avenue is a unique development opportunity with extraordinary potential,” said Guthrie Garvin, managing director at JLL Capital Ma
