Jared Pinchasick Acquires Yorkville Multifamily For $19M

The property involved in this transaction is a multifamily asset located at 324, 326, 327, and 328 East 89 Street in the Yorkville neighborhood of Manhattan. It was sold for a total price of $19,000,000. The building has a gross building area of 40,672 square feet, with a price per gross square foot of $467. The total square footage is 34,748, resulting in a price per square foot of $546. The property's floor area ratio (FAR) is 3.21 and it falls under tax class 2B. The lot size measures 2,517 square feet, with dimensions of 25 feet by 100.67 feet. There are two alteration permits filed, the latest dated September 13, 2005.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $19,000,000
• Buyer: Jared Pinchasick
• Seller: Christopher E Grell
• Gross Building Area: 40,672 sq ft
• Price per Gross Square Foot: $467
• Total Square Footage: 34,748 sq ft
• Price per Square Foot: $546
• Floor Area Ratio: 3.21
• Tax Class: 2B
• Lot Size: 2,517 sq ft
• Lot Dimensions: 25 ft x 100.67 ft
• Permits: Alteration 2 (09/13/2005)

The transaction was facilitated by Jared Pinchasick as the buyer and Christopher E Grell represented the seller. Each party played a significant role in the negotiation and execution of the sale, but their specific broker representatives have not been identified in the context provided.