James Ooi Acquires Single Family Home In TriBeCa For $6.75M

Located at 27 Harrison Street in TriBeCa, Manhattan, this single-family property was recently sold on May 19, 2022. The asset, with a total square footage of 2,641, is zoned as C6-4 and sits on a lot size of 1,591. The property has a floor area ratio (FAR) of 1.66, making it an attractive investment opportunity in the vibrant TriBeCa market.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $6,750,000
• Buyer: James Ooi
• Seller: Igor Sayenko
• Building Square Footage (BSF): 15,910
• Price per BSF (PPBSF): $424
• Price per Square Foot (PPSF): $2,556
• Tax Class: 1
• Last Sale Price: $4,250,000 (4/18/2013)
• Permits: Alteration 2 (04/21/2008)
• Lot Dimension: 25.25 ft x 63 ft

The buyer, James Ooi, acquired the property from Igor Sayenko. This transaction represents a significant increase in value since the last sale in 2013, which was priced at $4,250,000. With its prime location and attractive zoning, this property presents a promising opportunity for the buyer. The alteration permits obtained in 2008 indicate potential upgrades or renovations made to the property in the past, adding further value to the asset.