Engineering firm director sells Midtown East condo for $2.25M

Medium 223b1b254900262234654c3e92b34750 Thomas C. Posillico and Paul F. Posillico sold a three-bedroom, 2.5-bath condo at 240 E. 47th St. in Midtown East/Turtle Bay to Endinvale Corporate Limited for $2.25 million on Aug. 10.

The Posillicos paid $635,000 for the property in Nov. 2004. Unit #41A is in the Dag Hammarskjold Tower, which has 250 units on 45 floors. It was built in 1982.

Paul Posillico serves as senior vice president of finance and administration and secretary and treasurer at Posillico Brothers, an engineering contracting firm in New York.

According to, there were 244 condo sales in Midtown East/Turtle Bay in 2008, with a median sales price of $765,000.

Address: 240 East 47th Street, Unit: 41a
Buyer(s): Endinvale Corporate Limited
Seller(s): Posillico, Thomas C, Posillico and Paul F
Sale date: Aug. 10, 2009