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Amir Shriki Acquires Apartment Building In Kips Bay, Manhattan For $7.9M

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SOLD
$7,900,000

New York

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MultiFamily16,080 SF
Sold 02/18/2022
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Property Image
SOLD

Amir Shriki Acquires Apartment Building In Kips Bay, Manhattan For $7.9M

237 East 33rd Street, New York City, New York 10016, United States

See Similar Deals
MultiFamily16,080 SF
Sold 02/18/2022
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$491
Total Square Footage:16,080 SF
Transaction Type:Sale

The property involved in this transaction is an apartment located at 237 East 33rd Street in the Kips Bay neighborhood of Manhattan. The property is zoned as R8B and has a lot size of 1,819 square feet. The building has a total square footage of 16,080, with a price per square foot of $491. The transaction took place on February 18, 2022, with a sale price of $7,900,000. The buyer of the property was Amir Shriki, and the seller was Barry Leon.

Summary of transaction details

  • Property Type: Apartment
  • Transaction Amount: $7,900,000
  • Address: 237 East 33rd Street
  • Market: Kips Bay, Manhattan
  • Zoning: R8B
  • Square Footage: 16,080
  • Price per Square Foot: $491

Notable details about the deal include the buyer, Amir Shriki, and the seller, Barry Leon. The property's floor area ratio (FAR) is 3.34, and it falls under tax class 2B. The property has a building square footage of 20,440, with a price per building square foot of $386. It's worth mentioning that the property underwent an alteration permit in December 2012. The lot dimensions of the property are 18.33 feet x 98.75 feet.

Players

10 deals$460.3M volume
BUYER

Amir Shriki
10 deals$460.3M volume
BUYER

Details

SOLD
IMAGE: 02/18/2022 ADDRESS: 237 East 33rd Street MARKET: Kips Bay, Manhattan ASSET TYPE: Apartment ~ ZONING: R8B BUYER: Amir Shriki SELLER: Barry Leon PRICE: $7,900,000 BSF: 20,440 ~ PPBSF: $386 SF: 16,080 ~ PPSF: $491 FAR: 3.34 TAX CLASS: 2B LOT SIZE: 1,819 PERMITS: Alteration 2 (12/07/2012) LOT DIMENSION: 18.33 ft x 98.75 ft

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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