Davean Holdings pays $22M for multifamily property in West Village

Davean Holdings through the entity 103-105 MacDougal Street LLC paid Wilma Gelfand’s Feenjon Corporation $22.3 million for 105 MacDougal Street in West Village. The deal closed on June 17, 2020, and was recorded on June 19, 2020. The transaction consists of 2 parcels, including the tax class multifamily, more than six families with stores (C7) and containing 72 residential units. The property is 19,824 square feet. The parcel(s) have total development potential of 39,648 square feet.
The sale price per unit is $309,028.
The purchase was secured with a loan from Avant Capital.

The signatory for the buyer was Sean Lefkovits, managing principal and co-founder of Davean. The last time the property sold was February 1982. The contract date is June 17, the same as the sale date. Davean bought a property in Boerum Hill earlier this year.

Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $263,790.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link