Lauren Mintz Acquires Multifamily Property On East 68th Street In Lenox Hill For $7.95M

A multifamily property located at 240 East 68th Street in Lenox Hill, Manhattan has been sold for a price of $7,950,000. The property has a building square footage (BSF) of 7,268 and a price per BSF (PPBSF) of $1,093. The total square footage (SF) of the property is 5,178 with a price per SF (PPSF) of $1,535. The property is zoned as R8B, with a floor area ratio (FAR) of 2.85 and falls under tax class 1. The lot size is 1,817, with dimensions of 18.17 ft x 100 ft. The property has previously undergone an alteration permit on 08/05/2014.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,950,000
• Address: 240 East 68th Street, Lenox Hill, Manhattan
• Market: Lenox Hill, Manhattan
• Zoning: R8B
• Buyer: Lauren Mintz
• Seller: Ward Cunningham-Rundles
• Building Square Footage (BSF): 7,268
• Price per BSF (PPBSF): $1,093
• Total Square Footage (SF): 5,178
• Price per SF (PPSF): $1,535
• Floor Area Ratio (FAR): 2.85
• Tax Class: 1
• Lot Size: 1,817
• Permits: Alteration 3 (08/05/2014)
• Lot Dimension: 18.17 ft x 100 ft

This transaction involved Lauren Mintz as the buyer and Ward Cunningham-Rundles as the seller. The deal represents a significant investment in the Lenox Hill market in Manhattan.