Thor Closes on $27M UES Townhouse Purchase
Lauren Elkies Schram Dec. 24, 2014, 11:04 a.m.
Thor Equities has closed on the $27 million acquisition of a Madison Avenue townhouse from Coral Gables, Fla.-based Cisneros Group. The sale of 36 East 61st Street closed on Dec. 15 and appeared in public records today.
As Commercial Observer previously reported, Thor was slated to buy the townhouse which has seven stories and comprises 15,900 square feet, with the property providing a prospective tenant with a “blank canvas” with which to work.
“This beautiful, ideally located townhouse is perfect for anyone wishing to catch the eye of Manhattan’s elite,” Joseph Sitt, CEO of Thor Equities, previously said in a prepared statement.
The property, around the corner from Thor’s block-long retail space at 680 Madison Avenue between East 61st and East 62nd Streets in the former Helmsely Carlton House, can be used as a residence, showroom, office or retail shop.
Cisneros’ office was closed for the holidays and a spokesman for Thor didn’t immediately respond to a request for comment.