Adam J. Semler Acquires Apartment In East Village, Manhattan For $11.6M

The property involved in this transaction is an apartment located at 145 Avenue C in the East Village, Manhattan. The asset was sold for $11,600,000, encompassing a building square footage of 15,356, translating to a price per building square foot of $755. The total square footage of the apartment stands at 18,849, with a price per square foot of $615. The zoning classifications for this asset include R7A and C1-5, with a floor area ratio (FAR) of 4.91. The tax class of the property is classified as 2. The lot measures 3,839 square feet with dimensions of 46.25 ft by 83 ft and had a last sale price of $9,740,000 recorded on December 1, 2011. Permits for alteration were issued on November 12, 2021.

Summary of transaction details:

• Property Type: Apartment
• Transaction Amount: $11,600,000
• Buyer: Adam J. Semler
• Seller: Steven Gautier-Winther
• Building Square Footage: 15,356
• Price per Building Square Foot: $755
• Total Square Footage: 18,849
• Price per Square Foot: $615
• Floor Area Ratio (FAR): 4.91
• Tax Class: 2
• Lot Size: 3,839
• Last Sale Price: $9,740,000 (12/1/2011)
• Permits: Alteration (11/12/2021)
• Lot Dimension: 46.25 ft x 83 ft

This deal was facilitated by Adam J. Semler as the buyer and Steven Gautier-Winther representing the seller. The involvement of the respective parties was crucial for the successful closure of this transaction.