Sean Lefkovits Acquires Commercial Property In East Village, Manhattan For $18.5M

Located in the East Village neighborhood of Manhattan, the commercial property at 81 St Marks Place has changed hands in a recent transaction. The sale took place on August 10, 2022, with Sean Lefkovits purchasing the property from Jeffrey Goldberg. The property is zoned as R7A and C1-5, allowing for various commercial uses.

Summary of transaction details

• Property Type: Commercial
• Transaction Amount: $18,500,000
• Address: 81 St Marks Place, East Village, Manhattan
• Market: East Village, Manhattan
• Buyer: Sean Lefkovits
• Seller: Jeffrey Goldberg
• Building Square Footage (BSF): 18,784
• Price per BSF (PPBSF): $984
• Lot Size: 4,696 square feet
• Last Sale Price: $18,500,000 (January 26, 2015)
• Permits: Alteration 1 (December 22, 2020)
• Lot Dimension: 50 ft x 93.92 ft
• Price per Square Foot (PPSF): $997
• Far: 3.95
• Tax Class: 2

The property features a lot size of 4,696 square feet, with a building that spans 18,549 square feet. The transaction price of $18,500,000 results in a price per square foot (PPSF) of $997. Notably, the property previously sold for the same amount on January 26, 2015. An alteration permit was obtained on December 22, 2020, reflecting potential modifications made to the property. The lot has dimensions of 50 feet by 93.92 feet.

This transaction showcases the active real estate market in the East Village, with Sean Lefkovits taking advantage of the opportunity to acquire the property from Jeffrey Goldberg. Both parties were represented by their respective brokers in the deal.