David R. Mashaal Acquires Apartment Building In Manhattan Valley For $7.5M

The apartment building located at 150 Manhattan Avenue in Manhattan Valley, Manhattan has been sold in a recent transaction. The property is zoned as R8 and is classified as an apartment building. The sale took place on April 12, 2022.

Summary of transaction details:

• Property Type: Apartment Building
• Transaction Amount: $7,500,000
• Market: Manhattan Valley, Manhattan
• Zoning: R8
• Buyer: David R. Mashaal
• Seller: Steven Oved
• Building Size: 15,188 square feet
• Price per Buildable Square Foot: $493
• Lot Size: 2,523 square feet
• Permits: Alteration 3 (01/21/2016)
• Lot Dimensions: 101 ft x 25 ft
• Tax Class: 2

The buyer of the property is David R. Mashaal, and the seller is Steven Oved. The building measures 15,188 square feet, with a price per buildable square foot of $493. The lot size is 2,523 square feet, and the lot dimensions are 101 ft x 25 ft. The property falls under tax class 2. Notably, an alteration permit was issued on January 21, 2016.