Jeffrey Cheng pays $5.8M to Marvin Pocker LLC for 6-unit rental in Lenox Hill

Jeffrey Cheng through the entity Lexington One LLC paid Marvin Pocker LLC’s Marvin Pocker, LLC $5.8 million for 824 Lexington Avenue in Lenox Hill. The deal closed on December 1, 2020 and was recorded on December 7, 2020. The transaction consists of 1 parcel, including the tax class primarily one to six families with stores or offices (S9) and containing 6 residential units. The property is 7,637 square feet. The parcel(s) have total development potential of 7,637 square feet.
The average sale price per square foot is $753.

The contract date was September 24, 2020.
Direct link to Acris document. link
The signatory for the buyer or lender was Jeffrey Chang