Manoucher Malekan pays $3.3M for 8-unit rental in West Village

Manoucher Malekan through the entity West Village Commons LLC paid $3.3 million to Bill Bilias through the entity North Hudson Realty Corp. for an eight-unit rental (C4) at 11 Eighth Avenue in the West Village, Manhattan.
The deal closed on April 12, 2021 and was recorded on April 26, 2021.
The property has 8,560 square feet of built space and 0 square feet of additional air rights for a total buildable of 6,811 square feet according to PincusCo analysis of city data. The sale price per built square foot is $387 per the PincusCo analysis.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000.
The owners before the sale according to the Department of Housing Preservation and Development include Bill Bilias, head officer and Jeffrey Weber, site manager. The business entity is North Hudson Realty Corp.