Geoffrey R Handler Acquires West Village Multifamily For $23M

The multifamily property located at 267 West 11th Street in the West Village of Manhattan has been sold in a closed transaction. The property has a total of 6,167 square feet and is zoned as R6. The transaction took place on November 16, 2022.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $23,000,000
• Address: 267 West 11th Street
• Market: West Village, Manhattan
• Zoning: R6

The buyer of the property is Geoffrey R Handler, while the seller is Melissa Meyer. The purchase price for the property was $23,000,000, and the price per square foot was $3,744. The building has a total square footage of 6,142, and the price per buildable square foot was $3,729. The property has a floor area ratio (FAR) of 2.42 and falls under tax class 1.

The lot size of the property is 2,538 square feet, with dimensions of 25 ft x 101.5 ft. An alteration permit was issued on September 1, 2020, allowing for modifications to be made to the property.