Trishna Agrawal Acquires Multifamily Property In Kips Bay, Manhattan For $3.5M

The multifamily property located at 212 East 31st Street in Kips Bay, Manhattan has been sold. The transaction took place on June 15, 2022, with Trishna Agrawal as the buyer and Elizabeth M. Bresciani as the seller. The property is zoned as R7B and has a total building square footage (BSF) of 5,925. The price of the transaction was $3,482,500, resulting in a price per BSF (PPBSF) of $587. The property has a total square footage of 2,488, with a price per square foot (PPSF) of $1,399. The FAR (Floor Area Ratio) is 1.26, and the tax class is 2A. The lot size is 1,975 with dimensions of 20 ft x 98.75 ft. The property has permits for alteration 2, issued on June 24, 2019.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,482,500
• Buyer: Trishna Agrawal
• Seller: Elizabeth M. Bresciani
• BSF: 5,925
• PPBSF: $587
• SF: 2,488
• PPSF: $1,399
• FAR: 1.26
• Tax Class: 2A
• Lot Size: 1,975
• Permits: Alteration 2 (06/24/2019)
• Lot Dimension: 20 ft x 98.75 ft

Trishna Agrawal represented herself as the buyer in this transaction, while Elizabeth M. Bresciani acted as the seller. The acquisition of this multifamily property in Kips Bay, Manhattan reinforces Trishna Agrawal's investment portfolio, showcasing her expertise in strategic real estate transactions. Elizabeth M. Bresciani, the seller, benefited from the successful sale, allowing her to realize the value of the property.