Herbert Chaves Acquires Multifamily Property On 330 East 63rd Street In Lenox Hill, Manhattan For $10.98M

The multifamily property located at 330 East 63rd Street in Lenox Hill, Manhattan has been sold in a recent transaction. The property is zoned as R8B and C2-5, making it suitable for both residential and commercial purposes. The transaction took place on November 9, 2021, with Herbert Chaves purchasing the property from Eric Nelson.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $10,976,184
• Address: 330 East 63rd Street
• Market: Lenox Hill, Manhattan
• Zoning: R8B, C2-5

The property spans a total gross square footage (BSF) of 70,296, with a price per BSF (PPBSF) of $156. The total square footage (SF) of the property is 70,992, with a price per square foot (PPSF) of $155. The property's floor area ratio (FAR) is calculated at 4.04, and it falls under tax class 2.

The lot size of the property is 17,574, with the previous sale price recorded at $58,000,000 on February 10, 2015. The lot dimensions measure 175 ft x 100.42 ft.