Li Zhang Acquires Multifamily Property On West 91st Street, Upper West Side, Manhattan For $4.9M

A multifamily property located at 270 West 91st Street in the Upper West Side of Manhattan has been sold for $4,875,000. The property is zoned as R8 and R10A, allowing for multifamily development.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,875,000
• Address: 270 West 91st Street
• Market: Upper West Side, Manhattan

The buyer of the property is Li Zhang, and the seller is Nader Ahari.

The property has a building square footage (BSF) of 10,836, with a price per BSF (PPBSF) of $449. The total square footage (SF) of the property is 5,706, with a price per square foot (PPSF) of $854. The property has a floor area ratio (FAR) of 3.17 and is classified as tax class 2A.

The lot size of the property is 1,800 square feet. The previous sale of the property was on November 1, 2010, at a price of $3,731,250. The property also had an alteration permit issued on September 12, 2003.

The lot dimensions of the property are 18 feet by 100.67 feet.