Son Dinh Tran Acquires Multifamily Property In East 118 Street For $4M

The multifamily property located at 147 East 118 Street has been sold for a price of $4,000,000. The property has a building square footage (BSF) of 16,531, with a price per BSF (PPBSF) of $241. The total square footage (SF) of the property is 17,043, with a price per square foot (PPSF) of $234. The property is zoned R7D and C1-5, with a floor area ratio (FAR) of 4.33. The tax class of the property is 2. The lot size is 3,920 square feet. The property underwent alteration type 2 permits on November 2, 2018, and is subject to R7D, C1-5, and EHC zoning restrictions.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $4,000,000
• BSF: 16,531
• PPBSF: $241
• SF: 17,043
• PPSF: $234
• FAR: 4.33
• Tax Class: 2
• Lot Size: 3,920
• Permits: Alteration type 2 (11/02/2018)
• Lot Dimensions: R7D, C1-5, EHC

Son Dinh Tran has purchased the property from Michael Sun-Wong for a total price of $4,000,000. Son Dinh Tran was represented by the buyer's broker, while Michael Sun-Wong represented himself as the seller. The transaction took place on May 17, 2021.