William Walzer Acquires Multifamily Property In Lenox Hill, Manhattan For $27M

An eight-story multifamily building located at 10 East 76th St in the Lenox Hill neighborhood of Manhattan has been sold in a closed transaction. The property, with a zoning of R8B and LH-1A, offers a total building square footage (BSF) of 8,956. It was sold for a price of $27,000,000, resulting in a price per BSF (PPBSF) of $3,014. The total square footage (SF) of the building is 8,217, with a price per square foot (PPSF) of $3,285. The property has a floor area ratio (FAR) of 3.67 and falls under tax class 2. With a lot size of 2,239, the lot dimensions are 21.92 ft x 102.17 ft.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $27,000,000
• Market: Lenox Hill, Manhattan
• Zoning: R8B, LH-1A
• BSF: 8,956
• PPBSF: $3,014
• SF: 8,217
• PPSF: $3,285
• FAR: 3.67
• Tax Class: 2
• Lot Size: 2,239
• Lot Dimensions: 21.92 ft x 102.17 ft

The buyer in this transaction is William Walzer, while the seller is Claudio M Guazzoni. The property was previously subject to an alteration permit on April 14, 1997.