Michael Chen Acquires SFR In Hell's Kitchen For $7.5M

The property involved in the transaction is a single-family residence (SFR) located at 416 West 51 Street in Hell's Kitchen. The property is zoned as R8 and falls under the Special Clinton district. The transaction took place on December 18, 2020.

Summary of transaction details:

• Property Type: Single-Family Residence (SFR)
• Transaction Amount: $7,500,000
• Address: 416 West 51 Street
• Market: Hell's Kitchen
• Zoning: R8
• District: Special Clinton

The buyer of the property is Michael Chen, while the seller is Matthew Hansen.

The property has a building square footage (BSF) of 10,544, with a price per BSF (PPBSF) of $711. The total square footage (SF) of the property is 6,997, with a price per square foot (PPSF) of $1,072.