Deborah Gersony Acquires Multifamily Property In West Village, Manhattan For $8.5M

The multifamily property at 27 Bethune Street, located in the West Village neighborhood of Manhattan, was sold on May 25, 2022. The property is zoned as R6, allowing for multifamily development. The transaction involved the following details:

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,500,000
• Building Square Footage: 5,579
• Price per Building Square Foot: $1,523
• Lot Size: 2,296 sq ft
• Lot Dimension: 22 ft x 84.42 ft
• Sale Price per Square Foot: $2,419
• Floor Area Ratio (FAR): 1.53
• Tax Class: 1

The buyer of the property was Deborah Gersony, while Matthew Lehrer acted as the seller. The transaction demonstrates an acquisition of the multifamily asset, showcasing the continued activity and investment interest in the West Village market. The deal was facilitated by their respective brokerage representatives.