Badri P. Nath Acquires Commercial Property In Harlem, Manhattan For $4.93M

The commercial property located at 302 West 114 Street in Harlem, Manhattan was recently sold in a closed transaction. The property is zoned as R7A and has a tax class of 2. It covers a lot size of 2,624 square feet with the dimensions of 26 feet wide and 100.92 feet long. The transaction took place on September 30, 2022, with the buyer identified as Badri P. Nath and the seller as Charles Sinha. The sale price for the property was $4,930,000. The building has a total square footage of 8,922 square feet and a price per square foot of $552. Additionally, it has a building square footage (BSF) of 10,496 with a price per BSF of $469. The property has a floor area ratio (FAR) of 3.40.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $4,930,000
• Market: Harlem, Manhattan
• Zoning: R7A
• Tax Class: 2

In this transaction, Badri P. Nath acted as the buyer, while Charles Sinha served as the seller. The property previously underwent an alteration permit on November 15, 2017, labeled as "Alteration 2." The deal involved a property with distinctive dimensions and characteristics, making it an attractive investment opportunity in the vibrant Harlem market.