The Northern Trust Company Acquires Multi Family Property In West Village, Manhattan For $16M

A multi-family property located at 79 Charles Street in West Village, Manhattan has been sold in a transaction dated October 29, 2021. The property is zoned as R6 and has a total building size of 4,617 square feet. The sale price for the property was $16,000,000, resulting in a price per square foot of $3,465. The lot size is 1,900 square feet, with dimensions of 20 feet by 95.25 feet.

Summary of transaction details

• Property Type: Multi Family
• Transaction Amount: $16,000,000
• Market: West Village, Manhattan
• Buyer: The Northern Trust Company
• Seller: James W Guedry
• Building Size (BSF): 4,617 square feet
• Price per Square Foot (PPSF): $3,465
• Lot Size: 1,900 square feet
• Last Sale Price: $0 (06/05/1993)
• Lot Dimension: 20 ft x 95.25 ft

The buyer of the property is The Northern Trust Company, while the seller is James W Guedry. The property has a floor area ratio (FAR) of 1.97 and is classified under tax class 1. The previous sale of the property took place on June 5, 1993, with a sale price of $0.