Michael Sharp Acquires Multi Family Property On Upper West Side, Manhattan For $5.8M

The multi-family property located at 50 West 88 Street in the Upper West Side of Manhattan has been sold in a closed transaction. The property is zoned as R7-2 and sits on a lot size of 2,013 square feet with dimensions of 20 feet by 100.67 feet. The building has a total square footage of 6,925, with each square foot costing $838. The total square footage of the property is 6,094, with a price per square foot of $952. The transaction took place on December 14, 2021.

Summary of transaction details

• Property Type: Multi Family
• Transaction Amount: $5,800,000
• Buyer: Michael Sharp
• Seller: Susan Nickerson
• Price per square foot: $952
• Last Sale Price: $0 (2/28/1994)

The buyer in this transaction is Michael Sharp, while the seller is Susan Nickerson. The property was sold for a total price of $5,800,000. The building's floor area ratio (FAR) is 3.03, and it falls under tax class 2B. The previous sale of the property took place on February 28, 1994, with a sale price of $0. These additional details shed light on the individuals involved in the deal and provide further insights into the property's transaction.