Tony Huang Acquires Multifamily Property On Audubon Avenue In Washington Heights For $5.388M

The multifamily property located at 449 Audubon Avenue in Washington Heights has been sold in a closed transaction. The property spans approximately 31,250 square feet, with a price per square foot of $172. The transaction took place on January 29, 2021. The buyer, Tony Huang, purchased the property from the seller, John D Balian, for a total price of $5,388,000. The previous sale of the property occurred on October 18, 2010, for a price of $3,625,000. The property is zoned as R7-2.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $5,388,000
• Date: 01/29/2021
• Address: 449 Audubon Avenue
• Market: Washington Heights
• Square footage: 31,250
• Price per square foot: $172
• Buyer: Tony Huang
• Seller: John D Balian
• Last Sale Price: $3,625,000 (10/18/2010)
• Zoning: R7-2

In this transaction, Tony Huang acted as the buyer, while John D Balian represented the seller as their broker. The sale of this multifamily property marks a significant deal for both parties involved.