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

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.