Article: Parking site has lots of options.(ICON Parking's parking facility sold to Hersel Torkian)(Brief article)

A Midtown South parking facility, its value enhanced by a zoning designation that permits virtually any type of residential or commercial development on site, has just traded for $30 million.

Eastern Consolidated's Brian Ezratty, vice chairman, and Scott Ellard, director Financial Services, exclusively represented the seller of 38-46 West 33rd Street, ICON Parking, while Ezratty with Parviz Noghrey of Helmsely-Spear procured the purchaser, Hersel Torkian, a local owner operator of real estate and retail stores in Manhattan.

"The property is located on a good Midtown South block," said Ezratty, "and the buyer is in a favorable position because he can ...

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