Jose M. Rivera Acquires Condo In Central Midtown, Manhattan For $33M

Located at 151 East 58th Street in Central Midtown, Manhattan, this condominium transaction took place on April 14, 2022. The asset is zoned as C5-2 and boasts a building size of 843,480 square feet (BSF) with a price per square foot (PPSF) of $39. The total square footage (SF) is 1,103,272, resulting in a price per square foot (PPSF) of $29. The buyer, Jose M. Rivera, acquired the property from the seller, Marc J. Isaacs, for a total price of $33,000,000. The condominium's lot size is 84,348, and the lot dimensions measure 200.83 feet by 420 feet. The previous sale of this property occurred on June 3, 2021, with a sale price of $30,500,000.

Summary of transation details

• Property Type: Condo
• Transaction Amount: $33,000,000
• Zoning: C5-2
• Building Size (BSF): 843,480 square feet
• Price per Square Foot (PPSF): $39
• Total Square Footage (SF): 1,103,272
• Price per Square Foot (PPSF): $29
• Lot Size: 84,348
• Lot Dimensions: 200.83 ft x 420 ft
• Previous Sale Price: $30,500,000 (06/03/2021)

In this transaction, Jose M. Rivera represented himself as the buyer, while Marc J. Isaacs represented himself as the seller. It is important to note that the property's floor area ratio (FAR) is 13.08, and it falls under tax class 2.