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Quarter-Acre Lot in Manhattan Sold for $20.8 Million

Court Appointed Bankruptcy Sale of Previously Developed Parcel Closes at Auction
By Suzan Miller
CoStar Research
December 12, 2019 | 7:08 P.M.

North Capital Investments LLC has taken control of the 0.21-acre parcel at 199 E. 109th St. in New York City for $20.75 million, or about $97.4 million per acre, in a court-appointed bankruptcy auction sale.

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