Mattew Golder Acquires Retail Property In Lenox Hill, Manhattan For $73.5M

The retail property located at 1487, 1489, 1491 & 1493 1 Avenue in Lenox Hill, Manhattan has been sold in a recent transaction. The property has a total of 7,930 square feet and a price of $73,500,000, resulting in a price per square foot of $9,268. The building has a building square footage (BSF) of 100,500 and a price per building square foot (PPBSF) of $731. The lot size is 2,550 and the dimensions are 25.5 ft x 100 ft. The property is zoned as C2-8 and has a floor area ratio (FAR) of 3.11. The property is classified as tax class 4 and has a permit for a place of assembly issued on 09/14/2004.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $73,500,000
• Market: Lenox Hill, Manhattan
• Address: 1487, 1489, 1491 & 1493 1 Avenue
• Buyer: Mattew Golder
• Seller: Rachel T. Chou Young

The seller, Rachel T. Chou Young, and the buyer, Mattew Golder, were the key individuals in this transaction. No additional information about the deal participants or companies involved in the transaction was provided.