David Herzog, Michael Herzog pay $11.4M for UWS rental

David Herzog and Michael Herzog through the entity David Herzog LLC paid Christopher Hart-Zafra’s Endeavor Guidance LLC $11.4 million for 57 West 86th Street in the Upper West Side. The deal closed on November 5, 2020, and was recorded on November 19, 2020. The transaction consists of 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 12 residential units. The property is 13,290 square feet. The parcel(s) have total development potential of 42,779 square feet.
The sale price per unit is $950,000.

The head officer of the seller entity was identified as Christopher Hart-Zafra in NYC Housing Preservation and Development records. The contract date was November 5, 2020, the same date as the closing date.

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 $61,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link