Couple pays $11.8M to Arthur Becker for townhouse in Soho

The Turners paid Arthur Becker’s Madison Sullivan 2, LLC $11.8 million for 40 Sullivan Street in Soho. The deal closed on February 16, 2021, and was recorded on March 3, 2021. The transaction consists of 1 parcel, including the tax class single-family, mansion type (A7). The property is 4,607 square feet. The parcel(s) have total development potential of 10,508 square feet.
The average sale price per square foot is $1,123.

The contract date was January 14, 2021. The New York Post reported Becker acquired the Cary Tamarkin-designed townhouses as an investor.
The DOB issued a new construction (NB) initial temporary certificate of occupancy for the building with one residential unit on March 16, 2018.
Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000.There has been one new building permit application totaling 4,184 square feet. Those plans include a total of one residential unit.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA.

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