Kevin Lalezarian Acquires Commercial Property On 3rd Avenue In Murray Hill, Manhattan For $4.5M

The commercial property located at 571 3rd Avenue in Murray Hill, Manhattan has been sold in a closed transaction. The property is zoned as C1-9 and has a total building square footage (BSF) of 18,470. The price for the property was $4,500,000, resulting in a price per BSF (PPBSF) of $243. The property has a total area of 5,910 square feet, with a price per square foot (PPSF) of $761. The lot size is 1,847 square feet and the lot dimensions are 15.83 ft x 84.83 ft. The transaction also involved the issuance of an alteration permit on July 26, 2007.

Summary of transaction details

• Property Type: Commercial
• Sale Price: $4,500,000
• Buyer: Kevin Lalezarian
• Seller: Lloyd Goldman

In this transaction, Kevin Lalezarian acted as the buyer, while Lloyd Goldman represented the seller. The property is classified under tax class 2B and has a floor area ratio (FAR) of 3.20.