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James C Halpin Acquires Commercial Property In Clinton - Hell's Kitchen, Manhattan For $4.6M

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SOLD
$4,600,000

New York

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Commercial4,920 SF
Sold 09/14/2022
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SOLD

James C Halpin Acquires Commercial Property In Clinton - Hell's Kitchen, Manhattan For $4.6M

608 West 48th Street, New York City, New York 10036, United States

See Similar Deals
Commercial4,920 SF
Sold 09/14/2022
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Summary

NEW YORK
Asset Type:Commercial
Price Per Square Foot:$935
Total Square Footage:4,920 SF
Transaction Type:Sale

The commercial property located at 608 West 48th Street in Clinton - Hell's Kitchen, Manhattan was sold on September 14, 2022. The property is zoned as M2-4 and has a lot size of 2,510 square feet, with dimensions of 25 feet by 100.42 feet. The building has a total square footage of 4,920 and a buildable square footage (BSF) of 12,550. The price for the property was $4,600,000, which translates to a price per square foot (PPSF) of $934. The price per buildable square foot (PPBSF) is $366. The property's floor area ratio (FAR) is 1.96, and it falls under tax class 4. The previous sale of the property occurred on March 14, 2019, for a price of $5,500,000. An alteration 2 permit was issued for the property on October 3, 2019.

Summary of transaction details

  • Property Type: Commercial
  • Transaction Amount: $4,600,000
  • Market: Clinton - Hell's Kitchen, Manhattan
  • Zoning: M2-4
  • Lot Size: 2,510 square feet
  • BSF: 12,550 square feet
  • PPBSF: $366
  • Square Footage: 4,920
  • PPSF: $934
  • FAR: 1.96
  • Tax Class: 4
  • Last Sale Price: $5,500,000 (03/14/2019)
  • Permits: Alteration 2 (10/03/2019)
  • Lot Dimension: 25 ft x 100.42 ft

The buyer of the property was James C Halpin, and the seller was John Young.

Players

7 deals$87.6M volume
SELLER

Details

SOLD
IMAGE: 09/14/2022 ADDRESS: 608 West 48th Street MARKET: Clinton - Hell's Kitchen, Manhattan ASSET TYPE: Commercial ~ ZONING: M2-4 BUYER: James C Halpin SELLER: John Young PRICE: $4,600,000 BSF: 12,550 ~ PPBSF: $366 SF: 4,920 ~ PPSF: $934 FAR: 1.96 TAX CLASS: 4 LOT SIZE: 2,510 LAST SALE PRICE: $5,500,000 (03/14/2019) PERMITS: Alteration 2 (10/03/2019) LOT DIMENSION: 25 ft x 100.42 ft

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