John P McCarthy And Steve Dluzyn Acquire Multi-Family Property In Yorkville, Manhattan For $5.6M

The multi-family property located at 1582 1 Avenue in Yorkville, Manhattan was recently sold in a transaction that closed on 11/09/2021. The property is zoned as C1-9, and it falls under the tax class 2 category. It has an FAR (Floor-Area Ratio) of 4.03 and a lot size of 2,000. The last recorded sale of this property took place on 2/25/2005, which was sold for $4,588,631. The lot dimension is 25 ft x 80 ft.

Summary of Transaction Details

• Property Type: Multi Family
• Transaction Amount: $5,600,000
• BSF (Building Square Footage): 20,000
• PPBSF (Price per Building Square Foot): $280
• SF (Lot Square Footage): 8,050
• PPSF (Price per Lot Square Foot): $696
• Buyer: John P McCarthy and Steve Dluzyn
• Seller: Lisa Cohn

The buyers in this transaction were represented by John P McCarthy and Steve Dluzyn. They acquired the property from the seller, Lisa Cohn, for a total price of $5,600,000. This purchase represents a notable investment opportunity in the Yorkville market in Manhattan.