Justin Amirian Acquires Apartment In Theatre District For $31.5M

The property involved in this closed transaction is an apartment located at 150 West 47th Street in the Theatre District - Times Square neighborhood of Manhattan. The property is zoned as C6-5.5 MiD and has an FAR of 9.31. The lot size is 7,112 square feet, with dimensions of 70.83 feet by 100.42 feet. The transaction took place on April 29, 2022.

Summary of transaction details

• Property Type: Apartment
• Transaction Amount: $31,462,500
• Buyer: Justin Amirian
• Seller: Albert Kalimian
• BSF: 85,344
• Price per BSF: $368
• SF: 66,213
• Price per SF: $475
• Tax Class: 2
• Permits: Alteration 3 (03/31/2021)

The buyer, Justin Amirian, acquired the property from the seller, Albert Kalimian. The transaction price was $31,462,500, with a building square footage (BSF) of 85,344 and a price per BSF of $368. The total square footage (SF) of the property is 66,213, with a price per SF of $475. The property is classified under tax class 2 and was granted an alteration permit on March 31, 2021.