G I Addo Acquires Multifamily Property In Harlem For $3.275M

A multifamily property located at 164 West 123 Street in Harlem, Manhattan has been sold in a closed transaction. The property has a total building size of 4,861 square feet and a sale price of $3,275,000, resulting in a price per square foot of $673. The lot size is 1,413 square feet, with dimensions of 14 ft x 100.92 ft. The property is zoned as R7-2 and falls under tax class 2A. The transaction took place on November 10, 2022.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $3,275,000
• Buyer: G I Addo
• Seller: Costas Katsifas
• Price per Square Foot: $673
• Total Building Size: 4,861 square feet
• Lot Size: 1,413 square feet
• Lot Dimension: 14 ft x 100.92 ft
• Zoning: R7-2
• Tax Class: 2A

G I Addo purchased the property from Costas Katsifas. The transaction also included permits for alteration 3, issued on June 30, 2016. The property's floor area ratio (FAR) is 2.97.