Cris Burnam Acquires Warehouse In East Village, Manhattan For $73M
New York
See Similar DealsCris Burnam Acquires Warehouse In East Village, Manhattan For $73M
28 2nd Avenue, New York City, New York 10003, United States
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The property asset involved in this transaction is located at 28 2 Avenue in the East Village, Manhattan. It is a warehouse with a sale price of $73,000,000. The building comprises a total square footage of 52,497 and has a base square footage of 30,100, resulting in a price per base square foot of $2,425 and a price per square foot of $1,391. The property's zoning is classified as C6-2A, and it has a floor area ratio of 10.50. The lot size measures 5,000 square feet with dimensions of 50 ft x 100 ft, and it falls under tax class 4. The last recorded sale price was $0 on August 31, 2001.
Summary of transaction details:
- Property Type: Warehouses
- Transaction Amount: $73,000,000
- Buyer: Cris Burnam
- Seller: Jon Dario
- Base Square Footage: 30,100
- Price per Base Square Foot: $2,425
- Total Square Footage: 52,497
- Price per Square Foot: $1,391
- Floor Area Ratio: 10.50
- Tax Class: 4
- Lot Size: 5,000
- Lot Dimensions: 50 ft x 100 ft
- Last Sale Price: $0 on 8/31/2001
The buyer of the property is Cris Burnam, while Jon Dario acted as the seller in this transaction. This deal reflects a significant investment in the East Village market, further illustrating the ongoing activity in warehouse properties. The transaction showcases the collaboration between the buyer and seller, with a notable focus on the details surrounding the lot’s specifications and zoning regulations.
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