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Rony Kravel Acquires Multifamily Property In East Village For $15.3M

Property Image
SOLD
$15,300,000

New York

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MultiFamily24,720 SF
Sold 11/19/2021
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Property Image
SOLD

Rony Kravel Acquires Multifamily Property In East Village For $15.3M

198 2nd Avenue, Manhattan, New York, NY, USA

See Similar Deals
MultiFamily24,720 SF
Sold 11/19/2021
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$618
Total Square Footage:24,720 SF
Transaction Type:Sale

The multifamily property located at 198 2 Avenue in East Village has been sold in a recent transaction. The property is zoned for R7A, R8B, and C1-5, allowing for various uses. The sale took place on November 19, 2021, with a selling price of $15,300,000. The building has a total square footage of 24,720 and a price per square foot of $618. The buyer of the property is Rony Kravel, while Adrian Slywotzky is the seller.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $15,300,000
  • Market: East Village
  • Zoning: R7A, R8B, C1-5
  • Buyer: Rony Kravel
  • Seller: Adrian Slywotzky
  • Building Square Footage: 24,720
  • Price per Square Foot: $618

Notable property details include a floor area ratio (FAR) of 4.00 and a tax class of 2. The lot size is 6,180 square feet, and the lot dimension measures 51.5 feet by 120 feet. The property has an alteration permit dating back to May 20, 2016.

Players

10 deals$237.2M volume
BUYER

4 deals$51.5M volume
SELLER

Details

SOLD
IMAGE: 11/19/2021 ADDRESS: 198 2 Avenue MARKET: East Village ASSET TYPE: Multifamily ~ ZONING: R7A, R8B, C1-5 BUYER: Rony Kravel SELLER: Adrian Slywotzky PRICE: $15,300,000 BSF: 24,720 ~ PPBSF: $618 SF: 24,720 ~ PPSF: $618 FAR: 4.00 TAX CLASS: 2 LOT SIZE: 6,180 PERMITS: Alteration 3 (05/20/2016) LOT DIMENSION: 51.5 ft x 120 ft

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