Nihal Meehta Acquires Converted Dwellings On West 22nd Street In Chelsea For $6.25M

The property at 442 West 22nd Street in Chelsea, a converted dwellings or rooming house (C5) with R7B zoning, was sold on March 15, 2021. The transaction involved a buyer named Nihal Meehta and a seller named Jean L Chou. The sale price for the property was $6,250,000. The building has a total gross square footage of 7,386, resulting in a price per square foot of $846. The total square footage of the lot is 5,293, and the price per square foot is $1,180. The property has a floor area ratio (FAR) of 2.15 and falls under tax class 2. The lot dimensions are 25 ft x 98.75 ft. The previous sale of the property took place on January 27, 2014, for a price of $3,950,000. There were alterations made to the property, with an alteration type 2 permit issued on June 19, 2017. The lot size is 2,462 square feet.

Summary of transaction details

• Property Type: Converted Dwellings or Rooming House (C5)
• Transaction Amount: $6,250,000
• Buyer: Nihal Meehta
• Seller: Jean L Chou
• Market: Chelsea
• Zoning: R7B

The property at 442 West 22nd Street in Chelsea was sold on March 15, 2021. Nihal Meehta, representing the buyer, and Jean L Chou, representing the seller, were the key individuals involved in the deal. The property's last sale price was $3,950,000 in 2014. It had alteration work done, with an alteration type 2 permit issued in 2017. The lot size is 2,462 square feet.