Forkosh Development pays $9M to Wolfs for garage in Kips Bay

Forkosh Development through the entity 150 East 33Rd Street LLC paid the Wolf family’s 33Rd Street, LLC (and others) $9 million for 148 East 33rd Street in Kips Bay. The deal closed on January 8, 2021 and was recorded on January 20, 2021. The transaction consists of 1 parcel, including the tax class garage with two or more stories (G1)The property is 27,800 square feet.
The average sale price per square foot is $324.

The last time the property sold was February 13, 2008 for $3,100,000.
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. Of those there was one major renovation application including a certificate of occupancy change (A1) filed with a total estimated value of $100.0.

Direct link to Acris document. link
The signatory for the buyer or lender was Alexander Forkosh

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