Bernard Bauer Acquires Multifamily Property In Washington Heights For $6.6M

The multifamily property located at 644 W 185 Street in Washington Heights has been sold in a transaction that closed on September 30, 2021. The property is zoned as R7-2 and has a lot size of 7,900 square feet. The building has a total square footage of 34,681, with a building square footage (BSF) of 27,176. The price for the property was $6,600,000, resulting in a price per building square footage (PPBSF) of $242 and a price per square foot (PPSF) of $190. The floor area ratio (FAR) for the property is 4.39, and it falls under tax class 2.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,600,000
• Address: 644 W 185 Street, Washington Heights
• Market: Washington Heights
• Zoning: R7-2
• Lot Size: 7,900 square feet
• Building Square Footage (BSF): 27,176
• Price per Building Square Footage (PPBSF): $242
• Total Square Footage (SF): 34,681
• Price per Square Foot (PPSF): $190
• Floor Area Ratio (FAR): 4.39
• Tax Class: 2

The buyer in this transaction was Bernard Bauer, and the seller was Maria Lescaille-Cespedes.

It should be noted that the property underwent an alteration permit on January 6, 2017, categorized as Alteration 2. The lot dimension for the property is 100 feet by 79.92 feet.