Hiuian Cheng pays $6.6M to Young Tack Oh and Sam Sun Noh for property in Chelsea

Hiuian Cheng through the entity 103 West 27th Street LLC paid Young Tack Oh and Sam Sun Noh’s Ysb Enterprise LLC $6.6 million for 103 West 27th Street in Chelsea. The deal closed on September 29, 2020, and was recorded on October 13, 2020. The transaction consists of 1 parcel, including the tax class primarily one to six families with stores or offices (S9) and containing 3 residential units. The property is 4,796 square feet. The parcel(s) have total development potential of 16,672 square feet.
The average sale price per square foot is $393.

The contract date was August 5, 2019. The last time the property sold was March 27, 2013, for $3,500,000.
The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building with 4 residential units on August 16, 2016.

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