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Khin Aue Kyawt Acquires Multifamily Property In Lenox Hill, Manhattan For $5.82M

Property Image
SOLD
$5,820,000

New York

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MultiFamily4,345 SF
Sold 09/23/2022
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Property Image
SOLD

Khin Aue Kyawt Acquires Multifamily Property In Lenox Hill, Manhattan For $5.82M

1435 2nd Avenue, New York City, New York 10021, United States

See Similar Deals
MultiFamily4,345 SF
Sold 09/23/2022
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,339
Total Square Footage:4,345 SF
Transaction Type:Sale

The property involved in this transaction is a multifamily asset located at 1435 2 Avenue in the Lenox Hill neighborhood of Manhattan. The property is zoned as C1-9 and has a floor area ratio (FAR) of 3.19. The tax class for the property is 2B. The property has a lot dimension of 18.92 ft x 72 ft. The sale took place on September 23, 2022, with a total purchase price of $5,820,000. The building has a total square footage (BSF) of 13,620, with a price per square foot (PPSF) of $427. The property itself spans 4,345 square feet, with a price per square foot (PPSF) of $1,339. The previous sale of the property was on October 26, 2015, for a price of $2,306,565. There was also an alteration 2 permit issued for the property on May 22, 2018.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,820,000
  • Zoning: C1-9
  • FAR: 3.19
  • Tax Class: 2B
  • Lot Dimension: 18.92 ft x 72 ft

The buyer in this transaction is Khin Aue Kyawt, while the seller is Tarek Alam.

Players

TA
Tarek Alam
4 deals$24M volume
SELLER

Details

SOLD
IMAGE: 09/23/2022 ADDRESS: 1435 2 Avenue MARKET: Lenox Hill, Manhattan ASSET TYPE: Multifamily ~ ZONING: C1-9 BUYER: Khin Aue Kyawt SELLER: Tarek Alam PRICE: $5,820,000 BSF: 13,620 ~ PPBSF: $427 SF: 4,345 ~ PPSF: $1,339 FAR: 3.19 TAX CLASS: 2B LAST SALE PRICE: $2,306,565 (10/26/2015) PERMITS: Alteration 2 (05/22/2018) LOT DIMENSION: 18.92 ft x 72 ft

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