L Craig Lemle Acquires Multi Family Property In Central Midtown For $7.3M

The multi-family property located at 238 East 58th Street in Central Midtown, Manhattan has been sold. The transaction took place on November 8, 2021. The property is zoned as R8B and offers a total building square footage (BSF) of 12,052. The price for the property was $7,300,000, resulting in a price per building square foot (PPBSF) of $606. The total lot size is 3,013 square feet, with dimensions of 30 feet by 100.42 feet.

Summary of transaction details:

• Property Type: Multi Family
• Transaction Amount: $7,300,000
• Market: Central Midtown, Manhattan
• Zoning: R8B
• BSF: 12,052
• PPBSF: $606
• SF: 15,532
• PPSF: $470
• FAR: 5.15
• Tax: $2
• Lot Size: 3,013
• Last Sale Price: $0 (7/22/2019)
• Lot Dimension: 30 ft x 100.42 ft

The buyer of the property is L Craig Lemle, while the seller is J Stuart Lemle.