Commercial Real Estate & Advisory

Interior Move Consultants Purchase Commercial Co-op In Chelsea

September 1, 2005

Interior Move Consultants, a national corporate relocation consulting firm, has purchsed a 3,150 sq ft commercial cooperative on the second floor of 5 West 19th Street, at Fifth Avenue in the historic Flatiron District.  Porter Fulmer, Director, Sinvin Realty Corp.  represented the buyer, and Rob & Joan Fields of Synergy Realty represented the owner, Maxine Schnadelbach.”Today’s low interest rates are creating an environment where office space can be a financial asset to the company instead of a cash flow drain,” says Fulmer.  “Interior Move Consultants made a good choice to purchase its office space instead of leasing it.”Terms of the sale will not be disclosed, but the owner had been asking $380 per square foot or about $1.2 million, according to Fulmer.  The space boasts 13 ft ceilings, hardwood floors, two bathrooms, a kitchen and large windows for an abundance of southern light.