Jing An Acquires Multifamily Property On West 50th Street For $3.85M

The multifamily property located at 458 West 50 Street in Clinton - Hell's Kitchen, Manhattan was recently sold for a price of $3,850,000. The property has a building square footage (BSF) of 7,254, with a price per BSF (PPBSF) of $530. The total square footage (SF) of the property is 3,784, with a price per square footage (PPSF) of $1,017. The lot size is 1,205, and the property has a far of 3.14 and falls under tax class 2A. The last recorded sale price for the property was $3,250,000 on June 4, 2014. The property received permits for an alteration type 2 on October 10, 2014, and has lot dimensions of 20 ft x 60.25 ft.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,850,000
• Address: 458 West 50 Street, Clinton - Hell's Kitchen, Manhattan
• Market: Clinton - Hell's Kitchen, Manhattan
• Zoning: R8, CL, C2-5

Jing An is the buyer of the property, and Torkan Maham is the seller.