A person of downtown Purple Bank’s most visible properties has improved fingers.
The seven-tale workplace-and-retail composition at 21 East Front Avenue marketed for $7 million, in accordance to a March 23 deed filed this week with the Monmouth County Clerk.
The customer was a New York primarily based enterprise, 40-40 Northern LLC. The seller was a New Jersey-primarily based limited liability enterprise known as 21 E. Entrance Street Red Bank, whose tax bills go to an tackle in Weston, Massachusetts.
The seller compensated $6.83 million in 2008 for the assets, which characteristics a see-through initial floor that the moment served as a general public walkway.
The ground ground shop is presently vacant. Past July, Colts Neck resident Carmine Berardi attained the zoning board acceptance for a luxury automobile rental club called Bespoké Exotic Motor Club & Rentals to use the area.
The status of that small business, which has not yet opened, could not instantly be established.
In early 2019, Berardi received approval to open a sub shop in the house but did not do so.
(Image by John T. Ward. Click on to enlarge.)
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