Eli Casdin Acquires West Village Multifamily For $15M From Simeon Bruner

The multifamily property located at 22 East 10th Street in the West Village has been sold in a recent transaction. The property is zoned as R7-2 and C1-7, allowing for multiple uses. The sale was facilitated by Robert Dankner of Prime Manhattan on behalf of the buyer, Eli Casdin, and the seller, Simeon Bruner. The transaction was closed on August 18, 2021, at a sale price of $15,000,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $15,000,000
• Market: West Village
• Zoning: R7-2, C1-7

The property has a building square footage (BSF) of 13,888, resulting in a price per BSF (PPBSF) of $1,080. The total land area spans 2,307 square feet. The building itself covers 5,606 square feet, leading to a price per square foot (PPSF) of $2,675. The property consists of 5 units, with a price per unit (PPU) of $3,000,000.

The property has a floor area ratio (FAR) of 2.43 and falls under tax class 2A. The lot dimensions measure 25 feet by 92.25 feet. Some alterations were made to the property, as indicated by the alteration type 2 permits obtained on July 14, 2016.