Jeffrey Goldberg Acquires Commercial Property In Chelsea, Manhattan For $10.25M

The commercial property located at 729 Avenue Of The Amer in Chelsea, Manhattan was recently sold. The property has a total square footage of 6,446, with a price per square foot of $1,590. The building consists of 16,360 square feet, with a price per square foot of $626. The sale price for this transaction was $10,250,000. The buyer of the property is Jeffrey Goldberg, while the seller is Steven Sarkisian.

Summary of transaction details

• Property Type: Commercial
• Transaction Amount: $10,250,000
• Address: 729 Avenue Of The Amer
• Market: Chelsea, Manhattan
• Asset Type: Commercial
• Zoning: C6-4X
• Square Footage: 6,446
• Price per Square Foot: $1,590
• Building Square Footage: 16,360
• Price per Building Square Foot: $626

The transaction also involved the following details. The property has a floor area ratio (FAR) of 3.94 and is classified as tax class 4. The lot size is 1,636 and the lot dimension measures 24.67 ft x 66.25 ft. The property has a previous alteration permit issued on 08/19/2009.