Upper East Side Buildings Sell For $13.8 Million

UPPER EAST SIDE, NY — Two Upper East Side buildings are switching hands for more than $13 million, according to city real estate records.

The adjacent, five-story buildings at 1762 and 1764 First Avenue, located between East 91st and 92nd streets, were sold in late December, according to public records. The properties were purchased by an entity named 1762-64 1st Avenue Owner LLC, according to records of the deed sale. The previous owners were similarly-named 1762-64 First Avenue Realty LLC.

While the buyers and sellers identities are hidden by the LLC entities listed on the public records, they have been identified as real estate firms Slate Property Group and Gilar Group, the New York Real Estate Journal first reported.

The two buildings have 26 residential units totaling 17,500 square feet, according to the New York Real Estate Journal. The buildings are also home to ground-floor restaurant spaces Au Jus, International Wings Factory, Big Bowl Thai and Yeti Spice Grill.

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