Alex Rabin Acquires Gramercy Park Apartment In Manhattan For $24.3M

The property located at 231 East 21st Street & 233 East 21st Street in Gramercy Park, Manhattan has been sold in a closed transaction. The apartment building is zoned as R8B, with a lot size of 4,543 square feet and a lot dimension measuring 46 feet by 98.75 feet. The property has a floor area ratio (FAR) of 3.98 and is classified under tax class 2.

Summary of transaction details

• Property Type: Apartment
• Transaction Amount: $24,300,000
• Buyer: Alex Rabin
• Seller: Gennaro Vendome
• Building Square Footage: 35,980
• Price per Square Foot: $675
• Building Square Footage (BSF): 18,172
• Price per Building Square Foot (PPBSF): $668
• Last Sale Price: $4,594,500 (09/15/2009)
• Permits: Alteration 2 (09/20/2020)

The buyer in this transaction is represented by Alex Rabin, while the seller is represented by Gennaro Vendome. This sale marks a significant increase in value, with the previous sale price recorded at $4,594,500 on 09/15/2009. The property also obtained permits for alteration on 09/20/2020.