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

Property Image
SOLD
$10,976,184

New York

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MultiFamily70,992 SF
Sold 11/09/2021
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Property Image
SOLD

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

330 East 63rd Street, Manhattan, New York, NY, USA

See Similar Deals
MultiFamily70,992 SF
Sold 11/09/2021
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$154
Total Square Footage:70,992 SF
Transaction Type:Sale

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.

Players

5 deals$17.4M volume
BROKER

Eric Nelson
5 deals$17.4M volume
SELLER

Details

SOLD
IMAGE: 11/09/2021 ADDRESS: 330 East 63rd Street MARKET: Lenox Hill,Manhattan ASSET TYPE: Multifamily ~ ZONING: R8B, C2-5 BUYER: Herbert Chaves SELLER: Eric Nelson PRICE: $10,976,184 BSF: 70,296 ~ PPBSF: $156 SF: 70,992 ~ PPSF: $155 FAR: 4.04 TAX CLASS: 2 LOT SIZE: 17,574 LAST SALE PRICE: $58,000,000 (2/10/2015) LOT DIMENSION: 175 ft x 100.42 ft

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