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518 East 88 Street
SOLD

John P McCarthy And Steve Dluzyn Acquire Multifamily Property In Yorkville, Manhattan For $6.6M

518 East 88 Street

MultiFamily
8,935 SF
clock iconSold 1 year ago
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Summary

Sale
NEW YORK
MultiFamily
8,935 sqft

Located in the vibrant neighborhood of Yorkville, Manhattan, this multifamily property at 518 East 88 Street has recently changed hands in a closed transaction.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $6,625,000
  • Market: Yorkville, Manhattan
  • Zoning: R8B

The buyers, John P McCarthy and Steve Dluzyn, acquired the property from the seller, Lisa Cohn.

Comprising a building square footage (BSF) of 10,068, this property is priced at $658 per BSF. With a total square footage (SF) of 8,935, the price per SF stands at $741.

Boasting a Floor Area Ratio (FAR) of 3.55, this property falls under tax class 2.

With a lot size of 2,517, the last recorded sale of this property occurred on January 28, 2014, for $5,725,000. Additionally, an alteration permit was issued on September 21, 2017.

The property dimension measures 25 ft x 100.67 ft.

Details

Deal Summary
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SOLD
IMAGE: 11/09/2021 ADDRESS: 518 East 88 Street MARKET: Yorkville,Manhattan ASSET TYPE: Multifamily ~ ZONING: R8B BUYER: John P McCarthy and Steve Dluzyn SELLER: Lisa Cohn PRICE: $6,625,000 BSF: 10,068 ~ PPBSF: $658 SF: 8,935 ~ PPSF: $741 FAR: 3.55 TAX CLASS: 2 LOT SIZE: 2,517 LAST SALE PRICE: $5,725,000 (01/28/2014) PERMITS: Alteration 2 (09/21/2017) LOT DIMENSION: 25 ft x 100.67 ft

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Address518 East 88 Street

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