Robert A. Pruzan & Tracy W. Pruzan Acquire Condo On Upper East Side For $22M

The property involved in this transaction is a condo located at 998 Fifth Avenue in the Upper East Side. The condo has a total of 145,230 square feet and is zoned for R10, R8B, PI, and LH-1A. The sale price for this property was $22,000,000, resulting in a price per square foot of $151. The lot size is 14,886 square feet and the lot dimensions are 102.17 ft x 125 ft. The property received an alteration permit on July 27, 2018.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $22,000,000
• Market: Upper East Side
• Buyer: Robert A. Pruzan & Tracy W. Pruzan
• Seller: Florence Irving 2017 Revocable Trust & Robert Kasdin
• Square Feet: 145,230
• Price per Square Foot: $151
• FAR: 9.76
• Tax Class: 2
• Lot Size: 14,886 square feet
• Permits: Alteration 2 (07/27/2018)
• Lot Dimension: 102.17 ft x 125 ft

Robert A. Pruzan & Tracy W. Pruzan acted as the buyers in this transaction, while Florence Irving 2017 Revocable Trust & Robert Kasdin were the sellers. The buyers acquired the property from the sellers for a total of $22,000,000. The transaction took place on August 25, 2021.