February 27, 2007

Press Release
February 16, 2007

2551 Third Avenue

ABS Partners Real Estate, LLC has been appointed as the exclusive advisors for the sale of 2551 Third Avenue, northwest corner of 138th Street in the Bronx. The lot is 110 x 100 built irregular for a total of approximately 10,350 square feet. The property is zoned M1-2, with a FAR of 2, allowing for approximately 20,700 square feet be built on the lot.

The property has significant frontage along 3rd Avenue and is also in close proximity to the 3rd Avenue Bridge into Manhattan. This makes the site ideal for retail use such as drive-through fast-food, a bank, a gas station or other such retail use. A 2,200 square feet former KFC building sits on the lot.

ABS Partners Real Estate, LLC is a unique full service Real Estate advisory company specializing in representing property owners in management, leasing, investment sales and acquisitions managing over 4,000,000 square feet of commercial and residential space.

For further information please contact Randy Modell at 212-400-9480 or the ABS sales team at 212-400-6060.

ABS Partners Real Estate, LLC
200 Park Avenue South, 10th Floor
New York, NY 10003

Phone – 212-400-6060
Fax – 212-400-9494