Robert Chan & Clara Lorenz Chan Acquire Retail Property In Flatiron District, Manhattan For $6.67M

The retail property located at 41 East 20 Street in the Flatiron District, Manhattan, was recently sold for a transaction value of $6,675,000. The property has a building square footage (BSF) of 11,500, resulting in a price per BSF of $580. The total square footage (SF) of the property is 6,622, with a price per SF of $1,008. The lot size is 2,300 square feet, with dimensions of 25 ft x 92 ft.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $6,675,000
• Market: Flatiron District, Manhattan
• Zoning: M1-5M
• Buyer: Robert Chan & Clara Lorenz Chan
• Seller: Jane Goldberg
• BSF: 11,500
• PPBSF: $580
• SF: 6,622
• PPSF: $1,008
• Lot Size: 2,300 sqft
• Last Sale Price: $0 (11/21/2019)
• Lot Dimension: 25 ft x 92 ft

The buyers of the property are Robert Chan and Clara Lorenz Chan. The transaction took place on December 2, 2021. The sellers of the property are Jane Goldberg. The property has a floor area ratio (FAR) of 2.88 and belongs to tax class 4.