The CPA Building has officially found a new owner. After decaying on the market for years followed by months under contract, the sale recently closed for $900K. The anonymous buyer didn't walk away with merely a building in need of a total, all-out rehab. There's more.
Evidence suggests that the buyer bagged the entire block, from 14th to 15th Street. That includes a parking lot, a burned-out auto parts store and several vacant parcels. In total, it adds up to a huge amount of space for new development right in Corktown. We'll let you know if/when the buyer is revealed.
· Yaybe: The CPA Building Might Be Sold, Price Unknown [Curbed]
· Sold Listing: CPA Building [Howard Schwartz]