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David A Brause Acquires Mixed-Use Property In Murray Hill, Manhattan For $8.995M

Property Image
SOLD
$8,995,000

New York

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Mixed-use3,960 SF
Sold 12/09/2021
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Property Image
SOLD

David A Brause Acquires Mixed-Use Property In Murray Hill, Manhattan For $8.995M

733 2nd Avenue, New York City, New York 10016, United States

See Similar Deals
Mixed-use3,960 SF
Sold 12/09/2021
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$2,271
Total Square Footage:3,960 SF
Transaction Type:Sale

A mixed-use property located at 733 2 Avenue in Murray Hill, Manhattan has been sold in a transaction that closed on December 9, 2021. The property is zoned as C1-9 and features a building with a total gross floor area of 16,600 square feet. The sale price for this property was $8,995,000, resulting in a price per square foot of $542. The total lot size is 1,660 square feet, with dimensions of 20 ft x 83 ft. The property falls under tax class 2A and has a floor area ratio (FAR) of 2.39.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $8,995,000
  • Market: Murray Hill, Manhattan
  • Buyer: David A Brause
  • Seller: Andrea Carrai
  • Price per Square Foot: $542
  • Square Footage: 16,600
  • Last Sale Price: $0 (04/01/2002)

The buyer, David A Brause, acquired the property from the seller, Andrea Carrai. The property's lot size and dimensions provide potential for further development. The transaction represents a significant investment opportunity in the vibrant Murray Hill market.

Players

DB
4 deals$40.4M volume
BUYER

Details

SOLD
IMAGE: 12/09/2021 ADDRESS: 733 2 Avenue MARKET: Murray Hill, Manhattan ASSET TYPE: Mixed-use ~ ZONING: C1-9 BUYER: David A Brause SELLER: Andrea Carrai PRICE: $8,995,000 BSF: 16,600 ~ PPBSF: $542 SF: 3,960 ~ PPSF: $2,271 FAR: 2.39 TAX CLASS: 2A LOT SIZE: 1,660 LAST SALE PRICE: $0 (04/01/2002) LOT DIMENSION: 20 ft x 83 ft

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