Sandor D. Krauss Acquires Condo In TriBeCa, Manhattan For $19.5M

Located at 2 Park Place in TriBeCa, Manhattan, this 6,711 square foot condo was recently sold on June 15, 2022. The property is zoned as C5-3 and LM, allowing for various commercial uses. The transaction involved the purchase of the condo by Sandor D. Krauss from Kenneth S. Horn for a price of $19,500,000. With a price per square foot of $2,905.68, this sale represents a significant investment in the TriBeCa real estate market.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $19,500,000
• Zoning: C5-3, LM
• Square Footage: 6,711
• Buyer: Sandor D. Krauss
• Seller: Kenneth S. Horn

Notably, the property has a tax class of 2 and sits on a lot size of 29,411 square feet. The lot dimensions measure 151.58 ft by 197.75 ft. It is interesting to note that the previous sale of this property occurred on July 31, 2012, with a price of $68,000,000. The recent transaction represents a significant difference in price, highlighting the changing dynamics of the real estate market in TriBeCa.