Reader Report: 287-291 East Houston Sells for $15M

Posted on: November 25th, 2014 at 6:10 am by
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287-291 East Houston (at Clinton) is ready for its multimillion-dollar upgrade. The three-parcel property was inititally on the chopping block last February for $15 million, but had languished without sale. Then within the last couple months, the “prime development opportunity” disappeared from online real estate listings.

Now, a Boogie reader reveals that 287-291 East Houston just netted roughly the $15 million asking price. The deal reportedly went through this past Friday.

As of publication, city records do not show any sale for these properties.

The tax preparation company that occupied the one-story building at East Houston vacated the premises over the summer and relocated eastward down the block.

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