Li Deng Acquires Apartment Building In Washington Heights, Manhattan For $5.5M

An apartment building located at 465 West 163rd Street in the Washington Heights neighborhood of Manhattan has been sold in a recent transaction. The property, with a lot size of 2,813 square feet and a lot dimension of 25 ft x 112.5 ft, features a total square footage of 10,858. The building's floor area ratio (FAR) is 3.86, and it is zoned as R7-2. The transaction took place on June 1, 2022.

Summary of transaction details

• Property Type: Apartment Building
• Transaction Amount: $5,473,575
• Market: Washington Heights, Manhattan

The buyer in this transaction is Li Deng, while Jason Chen is the seller. The sale price for the property was $5,473,575, with a price per square foot (PPSF) of $504. The building has a building square footage (BSF) of 9,677 and a price per BSF of $565. The tax class of the property is 2.

Additional details about the property include the last sale price of $1,500,000 on January 12, 2018. It also has permits for alteration dating back to December 18, 2018. The property was previously transacted with a lot dimension of 25 ft x 112.5 ft.