Jeweler pays $2.9M to Sanders Investments for 16-unit rental in Midtown West

Shalibhadra Kothari through the entity 355 W 41 St LLC paid Sanders Investments’s Mollaney LLC $2.9 million for 355 West 41st Street in Midtown West. The deal closed on February 18, 2021 and was recorded on February 26, 2021. The transaction consists of 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 16 residential units. The property is 9,045 square feet.
The sale price per unit is $181,250..

Martin Sanders was the signatory for the seller. Kothari leads Belgium Jewelry Inc. in Midtown.
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 $519,000.

Direct link to Acris document. link
The signatory for the buyer or lender was Shalibhadra Kothari