Mark Koplan Acquires MultiFamily Property In Clinton - Hell's Kitchen For $5.7M

A multifamily property located at 438 West 44 Street in the Clinton - Hell's Kitchen market has been sold for a price of $5,700,000. The property, situated on a lot size of 2,008 square feet with dimensions of 20 ft x 100.42 ft, features a total building square footage (BSF) of 12,088. The price per BSF is calculated to be $471. The property also has a total square footage (SF) of 4,478, with a price per SF of $1,272. This transaction took place on 03/31/2021.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $5,700,000
• Market: Clinton - Hell's Kitchen
• Address: 438 West 44 Street
• Lot Size: 2,008
• Lot Dimension: 20 ft x 100.42 ft
• BSF: 12,088
• Price per BSF: $471
• SF: 4,478
• Price per SF: $1,272

The buyer in this transaction is Mark Koplan, while the seller is Olga Klugina. The property is zoned as R8 and CL, with a floor area ratio (FAR) of 2.23. The tax class of the property is 1. The property has a permit for alteration, issued on 09/04/2012.