Legion Investment Group pays $3.8M for mixed-use building in the Upper East Side

Legion Investment Group through the entity 22 East 84th Street LLC paid $3.8 million to Yong Woo Rim, Joseph Rim, The Estate of Moon Hee Kim, and Sung Woo Kim for the mixed-use building (S1) at 22 East 84th Street in the Upper East Side, Manhattan.
The deal closed on July 21, 2021 and was recorded on July 29, 2021.
The property has 2,588 square feet of built space and 5,472 square feet of additional air rights for a total buildable of 8,060 square feet according to PincusCo analysis of city data. The sale price per built square foot is $1,448 and the price per buildable square foot is $465 per the PincusCo analysis.
The signatory for Yong Woo Rim, Joseph Rim, The Estate of Moon Hee Kim, and Sung Woo Kim was Yong Woo Rim and Joseph Rim. The signatory for Legion Investment Group was Genghis Hadi.

Within a 400-foot radius of 22 East 84th Street, PincusCo identified one commercial real estate item of interests occurred over the past 24 months.
It was a sale which HEG Capital bought two condo units in the 2,691-square-foot, 95-unit mixed-use building (RM) on 30 East 85th Street and one other property for $16.5 million from Ridgewood Ventures on May 11, 2021.

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