Kunal Shah Acquires Multifamily Property In Gramercy Park, Manhattan For $6.2M

The multifamily property located at 340 East 19 Street in Gramercy Park, Manhattan was sold on June 18, 2021. The property is zoned as R7B and has a total area of 3,803 square feet. The sale price for this transaction was $6,226,060, resulting in a price per square foot of $1,637. The previous sale of the property took place on September 2016 for a price of $3,900,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $6,226,060
• Address: 340 East 19 Street, Gramercy Park, Manhattan
• Market: Gramercy Park, Manhattan
• Zoning: R7B

The buyer of the property was Kunal Shah, while Michael L Landsman acted as the seller. The deal was facilitated by brokers Gian Mitchell, Matthew Lesser, Cameron LeCates, and Ravi Kantha from Leslie J. Garfield.