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John P McCarthy And Steve Dluzyn Acquire Multifamily Property In Yorkville, Manhattan For $6.6M

Property Image
SOLD
$6,625,000
Steve Dluzyn

New York

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MultiFamily8,935 SF
Sold 11/09/2021
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Property Image
SOLD

John P McCarthy And Steve Dluzyn Acquire Multifamily Property In Yorkville, Manhattan For $6.6M

518 East 88th Street, Manhattan, New York, NY, USA

See Similar Deals
MultiFamily8,935 SF
Sold 11/09/2021
Steve Dluzyn
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$741
Total Square Footage:8,935 SF
Transaction Type:Sale

Located in the vibrant neighborhood of Yorkville, Manhattan, this multifamily property at 518 East 88 Street has recently changed hands in a closed transaction.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $6,625,000
  • Market: Yorkville, Manhattan
  • Zoning: R8B

The buyers, John P McCarthy and Steve Dluzyn, acquired the property from the seller, Lisa Cohn.

Comprising a building square footage (BSF) of 10,068, this property is priced at $658 per BSF. With a total square footage (SF) of 8,935, the price per SF stands at $741.

Boasting a Floor Area Ratio (FAR) of 3.55, this property falls under tax class 2.

With a lot size of 2,517, the last recorded sale of this property occurred on January 28, 2014, for $5,725,000. Additionally, an alteration permit was issued on September 21, 2017.

The property dimension measures 25 ft x 100.67 ft.

Players

John P. McCarthy
14 deals$702.1M volume
BROKER

John P. McCarthy
HUBB NYC
14 deals$702.1M volume
BUYER

Steve Dluzyn
HUBB NYC
8 deals$66.4M volume
BUYER

Details

SOLD
IMAGE: 11/09/2021 ADDRESS: 518 East 88 Street MARKET: Yorkville,Manhattan ASSET TYPE: Multifamily ~ ZONING: R8B BUYER: John P McCarthy and Steve Dluzyn SELLER: Lisa Cohn PRICE: $6,625,000 BSF: 10,068 ~ PPBSF: $658 SF: 8,935 ~ PPSF: $741 FAR: 3.55 TAX CLASS: 2 LOT SIZE: 2,517 LAST SALE PRICE: $5,725,000 (01/28/2014) PERMITS: Alteration 2 (09/21/2017) LOT DIMENSION: 25 ft x 100.67 ft

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