Heidi Chang Acquires Multifamily Property On King Street In Hudson Square, Manhattan For $7.99M

The multifamily property located at 21 1/2 King Street in Hudson Square, Manhattan has been sold in a recent transaction. The property has a zoning classification of R7-2 and C1-5, allowing for a variety of uses. The sale took place on January 6, 2022, and the buyer was Heidi Chang, while the seller was Sarah Connelly.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $7,995,000
• Market: Hudson Square, Manhattan
• Building Square Footage: 4,656
• Price Per Square Foot: $1,717
• Lot Size: 1,200
• Zoning: R7-2, C1-5

The property has a building square footage (BSF) of 4,128, resulting in a price per BSF of $83. The floor area ratio (FAR) for the property is 3.88 and it is classified under tax class 2A. The lot dimension measures 122.5 feet by 98.75 feet. An alteration permit was issued for the property on July 8, 2019.

With Heidi Chang as the buyer and Sarah Connelly as the seller, this transaction marks the transfer of ownership for the multifamily property at 21 1/2 King Street. Both parties were represented by their respective brokers in the deal.