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

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SOLD
$24,300,000

New York

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MultiFamily35,980 SF
Sold 05/03/2022
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SOLD

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

233 East 21st Street, New York City, New York 10010, United States

See Similar Deals
MultiFamily35,980 SF
Sold 05/03/2022
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$675
Total Square Footage:35,980 SF
Transaction Type:Sale

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.

Players

61 deals$407.9M volume
BUYER

Details

SOLD
IMAGE: 05/03/2022 ADDRESS: 231 East 21st Street & 233 East 21st Street MARKET: Gramercy Park, Manhattan ASSET TYPE: Aparment ~ ZONING: R8B BUYER: Alex Rabin SELLER: Gennaro Vendome PRICE: $24,300,000 BSF: 18,172 ~ PPBSF: $668 SF: 35,980 ~ PPSF: $675 FAR: 3.98 TAX CLASS: 2 LOT SIZE: 4,543 LAST SALE PRICE: $4,594,500 (09/15/2009) PERMITS: Alteration 2 (09/20/2020) LOT DIMENSION: 46 ft x 98.75 ft

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